3609/38 Rose LaneMelbourne VIC 3000
Property Details for 3609/38 Rose Lane, Melbourne
3609/38 Rose Lane, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 1491m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (March 2025)
* Photos are virtually staged.
An immaculate celebration of low-maintenance CBD living, this impressive 1 bedroom apartment is the perfect match for first home buyers, professionals and investors with an eye for value. Embrace sky-high luxury on the 38th floor of the resort-grade Fifth Apartments building before heading downstairs and exploring the central neighbourhood. Walk to Flagstaff Gardens greenery, fresh Queen Victoria Market produce, SkyBus, boutique bars, lively laneway cafes, universities, free city trams and Southern Cross trains. Nest or invest, welcome to the best!
Roomy open plan living and dining is underscored by a stone-topped kitchen showcasing high-end appliances including an integrated microwave and dishwasher. Alfresco entertaining is covered by a seamless connection with an L-shaped balcony highlighting sublime views over the stunning city skyline towards the blue-water beauty of Port Phillip Bay. The sizeable bedroom is serviced by built-in robes and a sleek bathroom with floor-to-ceiling tiles and mirrored cabinetry.
Special features include a Euro-style laundry, split-system heating and cooling, double glazing, lightly toned oak flooring, roller blinds, recessed down-lighting and intercom security. Residents enjoy exclusive use of a 24/7 concierge, a swimming pool, spa, steam room, a well-equipped gym, a shared lounge/dining area and a podium garden with a BBQ terrace. Inspect with confidence!
Outgoings:
Council Rates: $226.34 per quarter approx.
Water Rates: $138.67 per quarter approx.
Owners Corporation Fees: $1,202.12 per quarter approx.
Approx. gross rental return of 7.8% based on the rent of $500 per week and sales price of $368,000
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property History for 3609/38 Rose Lane, Melbourne, VIC 3000
- 07 Feb 2025Sold for $330,000
- 15 May 2024Listed for Sale $338,000 - $368,000
- 13 Jan 2023Listed for Rent $550 / week
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 64,239 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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