38/5-7 Drewery Lane, Melbourne, VIC 3000 sold on 01 December 2025 | OnTheHouse
SOLD
Sold on 01 Dec 2025 for $1,775,000

38/5-7 Drewery Lane
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Save

Property Details for 38/5-7 Drewery Lane, Melbourne

38/5-7 Drewery Lane, Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1910. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1910
Local Government
Melbourne
Lot/Plan
38/PS332070

Last Listing description (April 2017)

UNIQUE WAREHOUSE-STYLE PENTHOUSE IN BOUTIQUE BLOCK

***FULLY FURNISHED***TUCKED AWAY FROM THE MELBOURNE MAYHEM, THIS UNIQUE WAREHOUSE APARTMENT IS UNPARALLELED WHEN IT COMES TO LOCATION AND LIFESTYLE. THIS FORMER FIVE STOREY TOBACCONIST WAREHOUSE AND FACTORY WAS CONSTRUCTED IN THE EDWARDIAN ERA AND IS ENRICHED WITH CHICAGOESQUE STYLE THROUGHOUT. ENRICHED WITH TRADITIONAL MELBOURNE COBBLED STONE LANEWAY APPEAL, THIS TOP FLOOR, SPLIT-LEVEL APARTMENT IS ONE OF THE BUILDINGS STAND OUTS, ENHANCED BY THE HIGH EXPOSED CONCRETE CEILINGS WITH DISTINCTIVE MUSHROOM PILLARS THAT HAVE BEEN STANDING FOR 107 YEARS.SPLIT OVER TWO LEVELS, THIS WINNING PROPERTY HAS PLENTY TO OFFER. ENJOY SOUTHERN FACING BALCONIES WITH SWEEPING VIEWS OVERLOOKING EMPORIUM AND MELBOURNE CENTRAL, OR CHOOSE TO CLIMB HIGHER TO THE LUSH COMMUNAL ROOF-TOP TERRACE. THE APARTMENT ITSELF BOASTS A LARGE OPEN-PLAN LIVING AND DINING AREA, COMPLIMENTED BY STUNNING WOODEN FLOORBOARDS AND HUGE WINDOWS FILLING THE ROOMS WITH SUNLIGHT. COMPRISING A WELL-EQUIPPED KITCHEN WITH GAS COOKING, TWO GENEROUS BEDROOMS BOTH WITH ADJOINING BALCONIES, THE MASTER WITH WALK-THROUGH WARDROBE AND ENSUITE, AND A SECOND MODERN BATHROOM AND SEPARATE LAUNDRY FACILITIES. EVEN ENJOY A QUIET BOOK AND CUP OF TEA IN A THIRD SMALLER STUDY ROOM! ADDITIONAL FEATURES INCLUDE SPLIT-SYSTEMS IN EVERY ROOM, A SECURE BASEMENT CAR PARK AND CONTEMPORARY FURNISHINGS THROUGHOUT.SITUATE YOURSELF JUST MOMENTS FROM EVERYTHING THAT MELBOURNE HAS TO OFFER, INCLUDING THE ICONIC STATE LIBRARY, QV, QUEEN VIC MARKETS, THE BEAUTIFUL CARLTON AND TREASURY GARDENS, AND AMPLE PUBLIC TRANSPORT. SURROUNDED BY ASTONISHING RESTAURANTS, BARS AND CAFES YOU ARE SERIOUSLY SPOILED FOR CHOICE WHEN IT COMES TO GETTING OUT OF THE HOUSE.

Property History for 38/5-7 Drewery Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,775,000
01 Dec 2025
  • 26 Apr 2017
    Listed for Rent $900 PER WEEK
  • 22 Feb 2016
    Listed for Rent $850 per week
  • 20 Feb 2014
    Listed for Rent $795 PER WEEK
Commute Calculator

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 64,264 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 298 properties listed for sale, and 161 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2688 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.