506/29 Market Street, Melbourne, VIC 3000 sold on 25 November 2025 | OnTheHouse
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Sold on 25 Nov 2025 - Price Unavailable

506/29 Market Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 506/29 Market St, Melbourne

506/29 Market St, Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (November 2025)

Experience the elegance of Melbourne’s history in this beautifully proportioned one-bedroom apartment, superbly located on level five of the iconic Port Authority Building — a grand Heritage Beaux Arts Greek Revival masterpiece built in 1929. The building’s opulent character is showcased in its magnificent marble foyer and richly detailed timber finishes throughout the common areas.
Blending timeless charm with modern comfort, the apartment features a westerly aspect with double glazing and views towards the Yarra River and Southbank. The polished timber entrance leads into a spacious open-plan living and dining area, complemented by a contemporary kitchen with stainless steel appliances, electric cooktop, under-bench oven, dishwasher, and excellent storage. The large bedroom includes built-in robes and is serviced by a stylish central bathroom.

Additional features include electric heating, Euro-style laundry, secure intercom entry, and a valuable basement car parking space.
Perfectly positioned to enjoy the very best of city living, with trams, trains, fine dining, cafés, Collins Street shopping, theatres, and the Yarra promenade all just moments away.

Property History for 506/29 Market St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
25 Nov 2025
Listed for Rent
$380/w
22 Sep 2020
  • 25 Nov 2025
    Sold
  • 11 Nov 2025
    Listed for Sale $540,000
  • 26 Aug 2020
    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 64,216 properties. Over the last 5 years, Houses in Melbourne have seen a -21.74% decrease in median value, while Units have seen a -3.46% decrease. As at 31 October 2025:

  • The median value for Houses in Melbourne is $1,015,953 while the median value for Units is $443,745.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 282 properties listed for sale, and 249 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2648 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Robert Eggers
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Dingle Partners - 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.