502/29 Market StreetMelbourne VIC 3000
Property Details for 502/29 Market St, Melbourne
502/29 Market St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1929. The property has a land size of 1055m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Last Listing description (February 2018)
Situated in the award winning Port Authority Building (circa 1929), recognised as a landmark Beaux Arts triumph, this sublimely central one bedroom apartment features glorious views out over the Yarra River to Southbank Promenade and skyscrapers beyond. Introduced by a grand facade and magnificent lobby with eye-catching elevators, the fifth floor home features lofty ceilings and an open plan design. Equipped with dark stone countertops and stainless steel Bosch appliances, encompassing a gas cooktop, fan forced electric oven and dishwasher, the kitchen seamlessly transitions to the living domain, which soaks in the stellar views. An inbuilt desk links the living zone and comfortable bedroom, which hosts built-in robes. Largely tiled from floor to ceiling, an ensuite presents a shower, stone topped vanity with semi recessed basin, toilet and concealed laundry. Further offering panel heating, an intercom and light neutral colour scheme, this low maintenance urban pad could hardly be better placed for access to the very best features Melbourne has to offer.
The superb city centre situation puts you supremely close to everything from transport to parks, retail, dining and entertainment precincts, making it as easy as possible to get the most out of life in the world s most liveable city.
Features
- Glorious views out over the Yarra River to Southbank and skyscrapers
- Kitchen equipped with stainless steel Bosch appliances and dark stone surfaces
- Open living domain, soaking in the stellar views, and inbuilt study desk
- Comfortable bedroom with BIR and ensuite; heating in bedroom and living zone
- Magnificent lobby, enhancing strong first impressions, and elevator access
Property History for 502/29 Market St, Melbourne, VIC 3000
- 19 Dec 2017Sold for $465,000
- 28 Aug 2017Listed for Sale $480,000
- 10 Nov 1998Sold for $202,600
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0About 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 64,265 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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