422/181 Exhibition Street, Melbourne, VIC 3000 sold on 12 April 2025 | OnTheHouse
SOLD
Sold on 12 Apr 2025 for $556,000

422/181 Exhibition Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 3776m2
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Property Details for 422/181 Exhibition St, Melbourne

422/181 Exhibition St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 3776m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1995
Land Size
3776m2
Local Government
Melbourne
Lot/Plan
422/PS328892

Last Listing description (April 2025)

Basking in natural light, this spacious 2 bedroom apartment is your opportunity to shine in the top end of town! Take a short stroll to the theatre district, Chinatown eateries, lively laneway cafes, Parliament trains, the free tram zone, QV shopping, Treasury Gardens greenery, and three levels of retail downstairs. Market entrants will appreciate the value, out-of-towners secure that all-important car park, and investors can reap the rewards of a high-demand, Paris-end neighbourhood. Inspect with certainty!

Set on the 4th floor of the prized Paramount complex, a sparkling kitchen boasts a breakfast bar and the updated allure of near-new appliances including a Westinghouse oven, full-sized dishwasher, and an easy-clean induction cooktop. Far-reaching open-plan living and dining highlights the stunning city skyline through a large picture window. Generously sized and sunlit, both bedrooms boast brand-new carpet, double glazing and ceiling fans, one featuring roomy walk-in robes, and the other mirrored built-in robes. The fully renovated bathroom comes complete with floor-to-ceiling tiles, mirrored cabinetry, stone-topped vanity, and a frameless shower with rainfall and hand-held fittings.

Comprehensive features include secure parking, a Euro laundry, split-system heating and cooling, lightly toned floorboards, roller blinds, and recessed down-lighting. Prestigious Paramount comes complete with intercom security, an inviting marble foyer, on-site building manager, and resort-style use of a fully equipped gym, indoor swimming pool, spa, sauna and a rooftop tennis court with commanding views. This one will not last long!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Outgoings:
Council Rates: $310.00 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $1,376.00 per quarter approx.

Property History for 422/181 Exhibition St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$556,000
12 Apr 2025
Listed for Rent
$550/w
16 Jan 2021
  • 12 Apr 2025
    Sold for $556,000
  • 24 Mar 2025
    Listed for Sale $556,000
  • 19 Dec 2020
    Listed for Rent $550 / week
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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 64,286 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 243 properties listed for sale, and 367 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2743 properties were sold in the past 12 months in Melbourne.

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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.