4005/318 Queen Street, Melbourne, VIC 3000 sold on 12 September 2025 | OnTheHouse
SOLD
Sold on 12 Sep 2025 for $960,000

4005/318 Queen Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 673m2
Sold By
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MRE South Yarra
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Property Details for 4005/318 Queen St, Melbourne

4005/318 Queen St, Melbourne is a 2 bedroom, 2 bathroom Unit. The property has a land size of 673m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Land Size
673m2
Local Government
Melbourne
Lot/Plan
4005/PS637192

Last Listing description (October 2025)

Set high on the 40th floor of the award-winning Paragon building, this luxurious 2-bedroom, 2-bathroom residence delivers a refined blend of design, light, and lifestyle in a location that places the very best of Melbourne at your feet.
Wake up to sweeping city views framed by full-height glass and wind down each evening with the glow of Melbourne's ever-changing skyline. The open-plan living and dining area is bathed in natural light, complemented by a designer kitchen featuring stone benchtops, a waterfall island, and premium Bosch appliances ideal for both quiet nights in and sophisticated entertaining.
Both bedrooms are generously sized, with built-in robes and floor-to-ceiling windows capturing panoramic vistas. The sleek, fully tiled bathrooms are finished to an exceptional standard, offering style and functionality in equal measure.

Additional features include:
Engineered timber floors and soft LED lighting throughout
Euro laundry and split-system heating/cooling
Secure video intercom entry
Double glazing for comfort and tranquility
Designed by renowned architects Fender Katsalidis (Eureka Tower, MONA), Paragon is a vertical sanctuary in the sky. Residents enjoy exclusive access to a suite of resort-style amenities:
Indoor heated pool, spa, and sauna
Fully equipped gym and private cinema
Library and private lounge with fireplace
Dining area with commercial kitchen
Tranquil three-storey indoor forest by Paul Bangay
Step outside and you're moments from Flagstaff Gardens, Queen Victoria Market, Melbourne Central, laneway dining, and every transport connection the city offers including free trams.
Whether you're looking to invest, downsize in style, or secure a showpiece CBD home, this is a rare opportunity to experience elite city living from a sky-high perspective.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 4005/318 Queen St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$960,000
12 Sep 2025
  • 12 Sep 2025
    Sold for $960,000
  • 02 Jul 2025
    Listed for Sale $960,000
  • 16 Dec 2019
    Sold for $1,240,000
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.