503/29 Market Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

503/29 Market Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Land area: 1055m2
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Property Details for 503/29 Market St, Melbourne

503/29 Market St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1929. The property has a land size of 1055m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in November 1998.

Building Type
Unit
Year Built
1929
Floor Size
45m2
Land Size
1055m2
Local Government
Melbourne
Lot/Plan
503/PS414650

Last Listing description (May 2023)

With a position on the 5th floor of the magnificent heritage-listed Port Authority Building, this relaxed one bedroom residence combines wonderful period charm and sensational modern style. This exclusive building is truly one of the more striking historic structures in Melbourne CBD, with stunning original detail splashed throughout the welcoming lobby and hallways.

Located in an extremely peaceful pocket, the location of this apartment could not be any better, situated between Collins and Flinders Street's; it is only a few minutes walk from public transport, Melbourne's best cafes and restaurants, shops and universities.


The apartment itself is highlighted by beautiful views to the south which takes in the Yarra River and picturesque Southbank Promenade.

The comfortable living and meals zone features terrific high ceilings and a handy study nook with a built-in desk, with this space including the contemporary kitchen which enjoys timber floors underfoot along with stainless steel appliances. The bedroom delivers a built-in robe along with access to a stylish ensuite. Addicted benefits include wall heating, secure intercom entry, washing machine, dryer and fridge included

*Photos may slightly differ to those of the actual property

Property History for 503/29 Market St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$199,600
11 Nov 1998
Listed for Rent
$430/w
09 May 2023
  • 05 Apr 2023
    Listed for Rent $430 / week
  • 08 May 2019
    Listed for Rent $399 / week
  • 04 Sep 2014
    Listed for Rent - Price not available
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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 64,227 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 300 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2655 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.