507/181 Exhibition Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

507/181 Exhibition Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 507/181 Exhibition St, Melbourne

507/181 Exhibition St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
1996
Local Government
Melbourne
Lot/Plan
507/PS328892

Last Listing description (January 2022)

85 sqm Large Two Bedroom in Real CBD !!!

Ideally located on the corner of Burke St and Exhibition St, close to everything you want, the famous restaurants in Chinatown, cafe, Theatres, Cinemas, Parks. Walking distance to Parliament Train Station, QV shopping centre and Myer. Not mention having the tram right on your doorstep. Safeguard your future from the overdevelopment occurring at the west end of the city, because this is the real heart of CBD.

Well positioned on the 5 level of the highly sought after Paramount Apartments, south-east corner with nice historical views, approx 82 sqm plus 4 sqm balcony features large size master bedroom with walking in robe and second bedroom with BIR. Well proportioned European gourmet kitchen with Euro appliances and Caesar stone bench top with plenty of drawers. The modern designed oversized bathroom with separate laundry facility. Spacious living and dining area with wide-fronted glass windows make your home much brighter.


One secured car space on separate title. Paramount presents a highly sought-after opportunity with access to luxury onsite facilities including a swimming pool, gymnasium, sauna and tennis court.

Vacant possession is available now, potential rental income is $33,800 per annum. If you are one not to compromise, this is the apartment for you. Be better act fast because it might not be here tomorrow!

Vendor says sell it. For more information, please contact Stephen Shen on 0468 955 586

Property History for 507/181 Exhibition St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$565,000
15 Apr 2019
  • 04 Sep 2019
    Listed for Sale $570,000 to $590,000
  • 04 Apr 2019
    Listed for Sale $570,000-$590,000
  • 10 Jun 2015
    Listed for Sale Not Disclosed
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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 64,288 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 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 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.