511/7 Katherine Place, Melbourne, VIC 3000 sold on 27 March 2025 | OnTheHouse
 
SOLD
Sold on 27 Mar 2025 for $250,000

511/7 Katherine Place
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 864m2
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Property Details for 511/7 Katherine Pl, Melbourne

511/7 Katherine Pl, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 864m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Land Size
864m2
Local Government
Melbourne
Lot/Plan
511/PS622426

Last Listing description (June 2025)

OWNER MUST SELL! Contact agent to further discuss.
Disclaimer property is leased until Dec this year, after then you are to use it as you wish.
Expressions of interest closing 28/03 @12pm unless sold prior!

This stunning 'Aura Apartment' is an incredible investment opportunity waiting for your enquiry, within the popular building with the potential to bring in an approx 10% return! Buyers should note the total outgoings are approximately $3000 per annum, which is one of the lowest I've come across in recent time in the area!

This streamlined unit includes new floorboards with an open living and dining area, creating a spacious floor plan. The property obtains a generously sized bedroom that accommodates a king-sized bed.

Featuring a secure intercom entry from Katherine Place, this is a fantastic position adjacent to the delights of Flinders Street, Southbank Boulevard, Crown Entertainment Complex, trams, trains, shops, an abundance of local cafes and entertainment precincts, it won't last long contact Alexander to organise an inspection today!

"Any reference to an internal or external floor size or m2 area has been provided to Barry Plant Docklands/Yarra's Edge by a third party. We strongly urge all interested parties to undertake their due diligence before making any property purchase"

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Property History for 511/7 Katherine Pl, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$250,000
27 Mar 2025
Listed for Rent
$330/w
12 Feb 2014
  • 27 Mar 2025
    Sold for $250,000
  • 27 Feb 2025
    Listed for Sale $250,000 to $275,000
  • 24 Jan 2014
    Listed for Rent $330 / 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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2749 properties were sold in the past 12 months in Melbourne.

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