312/60 Market StreetMelbourne VIC 3000
Property Details for 312/60 Market St, Melbourne
312/60 Market St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1074m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (May 2018)
This 'set and forget' investment properties within the 4.5 Star Oaks on Market Street, has an incredibly secure lease lasting until 2036 and a fabulous current rental return of $16,000 per annum with up to 5% CPI increases most years.
NO Refurbishment Cost as it has already been paid.
The apartment itself open plan living /dining area ,separate fully equipped granite kitchenette which has sufficient natural light from the floor to ceiling windows.Coming fully furnished with sofas, dining table & matching chairs, coffee table and flat screen TV, well-appointed large bathroom, central heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated lap pool, sauna, spa, and function room.
And add to all this is that you will have the best Melbourne has to offer all at your doorstep, Flinders and Southern Cross Stations around the corner & a just a short walk and you will land in all the best of Melbourne's sporting, Crown Complex and Melbourne s iconic lane-ways, buzzing bars, fashionable boutiques, top-rated caf s and world-class restaurants, this is location at its ultimate best.
Property History for 312/60 Market St, Melbourne, VIC 3000
- 30 May 2018Sold for $245,000
- 26 Mar 2018Listed for Sale $230,000-$250,000
- 24 Jan 2014Sold for $195,000
Recent sales nearby
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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 64,269 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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