2B/288-308 Exhibition Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2B/288-308 Exhibition Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 2b/288-308 Exhibition St, Melbourne

2b/288-308 Exhibition St, Melbourne is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (April 2022)

Nomination Lot.
Estimated completion June 2022
Contact us for more details!


Like the sapphire stone, this is a rare and valuable offering - an opportunity to live at an exceptional parkside address with premium amenities to match the prestige of the location.

Located in arguably the most sought after sites in Melbourne CBD, overlooking the Royal Exhibition Centre and having the privileged corner position to give residents panoramic city views.

Featuring 345 two and three bedroom apartments & exclusive penthouses sub-penthouses, each apartment has been carefully designed with the finest detailed features.

- Floor to ceiling windows showcase either a garden view of Carlton Gardens or a city view of the Melbourne CBD

- The tower is constructed in a way that allows for all apartments to be exposed to natural light due to the curved facade.

- Interiors are filled with luxurious finishes and fittings with modern timber veneer flooring, opulent marble, stone and porcelain tiles and dark bronze details throughout.

Developed by SP Setia, amenities within Sapphire by the Gardens are extraordinary within the curved & sleek designed sky bridge connecting the twin towers. Commanding views over the pristine World Heritage Carlton Gardens, soars Sapphire by the Gardens, Melbourne's most iconic twin tower development.

AMENTIES
- A state of the art gymnasium
- A 25 metre heated pool
- Yoga studio
- Sky Lounge & restaurant
- Terracing podiums
- Communal courtyards
- A cinema
- Karaoke & games room
- A fireplace & piano room
- A spa & wellness centre
- Grand ballroom

Sapphire by the Gardens is just a short walking distance from iconic market and retail precincts with sky bridges & arcades connecting shopping centres and dining halls from Lonsdale Street to Flinders Street delivering over 2,000 retail and restaurant options.

SHOPPING
- Queen Victoria Market
- Melbourne Central shopping centre
- QV

This address not only delivers the convenience of the CBD at the door. It also puts the city's vibrant inner northern suburbs within walking distance, from the main Parkville campus of The University of Melbourne to the eclectic caf and retail strips of Lygon Street and Brunswick Street. Living alongside the acclaimed Shangri-La Hotel and its internationally renowned service and facilities, these luxury residences offer a uniquely enviable lifestyle.

SCHOOLS
- The Mac.Robertson Girls' High School
- RMIT School
- Melbourne High School

With Parliament House, St. Patrick's Cathedral & Lygon Street in such close proximity, Sapphire by the Garden residents will be able to enjoy the finest architecture and heritage spots of the city as well as forming part of the cultural fabric.

ARTS AND CULTURE
- State library
- Melbourne museum
- Bunjilaka
- Imax Melbourne Museum

TRANSPORTATION
- Melbourne central train station
- La Trobe street tram stop
- Flagstaff train station
- Parliament train station

The towers are expected to be completed in mid 2022 with the opening of the new 500 suite Shangri-La slated for 2023.

Property History for 2b/288-308 Exhibition St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 14 May 2021
    Listed for Sale $1,189,000
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,289 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2739 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.