42/172 William StreetMelbourne VIC 3000
Property Details for 42/172 William St, Melbourne
42/172 William St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 728m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in February 2004.
Last Listing description (February 2026)
Attractive rental of $26,952 per annual which is equal to 6.6% rental return. Also it has a chance to owner occupied after current lease expired on March 2028.
This apartment is perfectly located within the heart of Melbourne's CBD. With Flagstaff Gardens only 450m away, it is also a short stroll to Queen Victoria Market, Southbank's Crown Entertainment Centre, Bourke Street Mall. Etihad Stadium, The Arts Precinct and Docklands are also in walking distance. Your lifestyle abounds with the addition of quality retail shops, award-winning restaurants, bars, and cafes. There is a tram stop at your door and both Flagstaff and Southern Cross Stations are only minutes away.
Living delights include spacious lounge and dining with full windows, parquetry floors dominating the sleek stone kitchen which comes with stainless steel appliances, 2 well-sized bedrooms including the extra-bright main bedroom with BIR, deluxe rain shower bathroom, European laundry, ducted heating and cooling, additional wall heating, and secure entry with 24-hr building concierge.
Vendor says sell it, inspection a must. Call Stephen Shen on 0468 955 586 for more details or to arrange an inspection.
Property History for 42/172 William St, Melbourne, VIC 3000
- 15 Jan 2026Listed for Sale $400,000-$420,000
- 24 Feb 2004Sold for $245,000
- 03 Mar 1998Sold for $187,050
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 64,240 properties. Over the last 5 years, Houses in Melbourne have seen a 51.77% increase in median value, while Units have seen a -4.12% decrease. As at 31 January 2026:
- The median value for Houses in Melbourne is $2,008,911 while the median value for Units is $433,734.
- Houses have a median rent of $650 while Units have a median rent of $675.
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