501/181 Exhibition Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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501/181 Exhibition Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 3776m2
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Last updated 19 Jan 2026
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Property Details for 501/181 Exhibition St, Melbourne

501/181 Exhibition St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 3776m2 and floor size of 86m2.

Building Type
Unit
Year Built
1996
Floor Size
86m2
Land Size
3776m2
Local Government
Melbourne
Lot/Plan
501/PS328892

Last Listing description (July 2020)

This apartment is located on the 5th floor at the Paramount Building, adjacent to China Town, Melbourne Central and Universities.

Spacious open plan lounge and meals with East facing floor to ceiling windows and balcony to capture the beautiful sunrise. Modern Kitchen with Electric hotplate, range hood, wall oven and dishwasher.


Both double size bedrooms with windows and large built in robes, bathroom with shower over the bath and ensuite to master and Euro laundry with washer and dryer provision.

Optional secure 24/7 car parking at $300 pm

The Paramount offers resort style recreational facilities including indoor heated pool, spa, sauna & gym and roof top tennis court with access to the adjoining food court and retail centre provides all the conveniences one could need. Enjoy the sophisticated lifestyle in the Paris end of Melbourne with China Town, Theatres and easy access to transport at your door step.

**My Agent Real Estate- COVID-19 Update**
Due to current restrictions on Social gatherings, we are currently offering Private Inspections only.
These inspections will be limited to one (1) person only.
We ask that you refrain for touching any items or fixtures (including doors and door handles) within the property and ask that you maintain the strict social distancing guidelines.
Further to this, we request that you do not attend Private Inspections if:
You have travelled overseas in the last 14 days
Are displaying Flu like symptoms
Have been in contact with anyone who has travelled within the last 14 days or has contracted the Coronavirus.
Please note that you may be asked to remove shoes, wear gloves and/or use hand sanitizer.

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Property History for 501/181 Exhibition St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$420/w
23 Jul 2020
  • 17 Jun 2020
    Listed for Rent $420 / week
  • 17 Apr 2018
    Listed for Rent $620 / week
  • 10 Aug 2016
    Listed for Sale $600,000 - $650,000
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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 64,290 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 240 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2737 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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