504/29 Market Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

504/29 Market Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 1055m2
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Property Details for 504/29 Market St, Melbourne

504/29 Market St, Melbourne is a 2 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 48m2. While the property is not currently for sale or for rent, it was last sold in December 1998.

Building Type
Unit
Year Built
1929
Floor Size
48m2
Land Size
1055m2
Local Government
Melbourne
Lot/Plan
504/PS414650

Last Listing description (November 2024)

The Phone Code for this property is: 77557. Please quote this number when phoning or texting.

Please submit an enquiry to receive a link to the Application Form.

This light filled executive 5th floor one bedroom apartment located on the north bank of the Yarra, within the heritage listed Port Authority Building. This is on Market St, Melbourne (within CBD). Hailed as "one of Melbourne's best six buildings", the iconic Port Authority Building is undoubtedly one of Melbourne's finest architectural and historical gems. The monumental lines, stone exterior and entrance of sculpted bronze, marble and carved blackwood are all testaments to the influence of the Port Authority at the height of its power.

Features include:

-Stunning views looking over the Yarra, Crown Casino and Port Philip Bay
- Double glazed windows with central heating (included free)
- Natural gas (included free)
-Formal entry with polished timber floorboards
-Large sun filled open plan lounge
-Gourmet kitchen with stainless steel appliances, granite bench tops and s/s dishwasher
-One large bedroom with built in robes and master ensuite bathroom and plenty of storage
-Large separate internal laundry with washer / dryer
-Encrypted keyless building and mail box access
-2 dedicated lifts (new)
-Unfurnished (except for washer/dryer)
-No gym, no pool, no car space

This is for a 12 month REIV standard lease.

Walking distance from all CBD shopping attractions with public transport at your door-step - Flinders St and Southern Cross stations within walking Don't miss this opportunity to reside in this stunning example of 1920's Greek revival architecture with original features such as the marble foyer and staircase, ornate ceilings and timbered walls.

Property History for 504/29 Market St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$239,600
01 Dec 1998
Listed for Rent
$380/w
12 Jul 2022
  • 01 Sep 2024
    Listed for Rent $630 / week
  • 11 Apr 2024
    Listed for Rent $485 / week
  • 01 Jul 2022
    Listed for Rent $380 / 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 64,270 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.
There are currently 275 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 properties were sold in the past 12 months in Melbourne.

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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.