524/181 Exhibition Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

524/181 Exhibition Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 3776m2
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Property Details for 524/181 Exhibition St, Melbourne

524/181 Exhibition St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 3776m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1996
Floor Size
72m2
Land Size
3776m2
Local Government
Melbourne
Lot/Plan
524/PS328892

Last Listing description (July 2021)

EXPRESSIONS OF INTEREST CLOSING 21 June 2021 AT 5PM UNLESS SOLD PRIOR

THIS STYLISH, RENOVATED APARTMENT IS IDEALLY LOCATED IN THE PARIS END OF THE CITY. The Paramount Apartments are surrounded by culture with many theatres (Her Majesty's Theatre, Comedy Theatre, Princess Theatre and Regent Theatre), cinemas, Chinatown, museums, major shopping and fashion precincts and a plethora of restaurants and cafes that make Melbourne one of the world's most liveable cities.


HUGE OPEN PLAN LIVING IN AN OVERSIZED 2 BEDROOM APARTMENT.
Extra spacious open plan living area with great floor to ceiling storage rarely seen in apartments.
The Master Chefs kitchen is stylishly renovated with stone bench tops, Miele appliances includingInduction cooktop, double drawer dishwasher, extra storage with soft closing cupboards and plenty of kitchen space to whip up those gourmet meals.
Two great size bedrooms, the Master bedroom has walk-in robes and the second bedroom has built -in robes.
Deluxe spacious renovated bathroom with floor to ceiling tiles, stone bench tops and loads of storage.
Concealed European laundry adds the finishing touches to a superb apartment .

SPECIAL FEATURES INCLUDE
Double glaze windows throughout the apartment provides a peaceful zone.
East facing aspect allows plenty of natural light to stream through the apartment.
Secure undercover car space, the building also plays host to premium resort-style facilities with a fully equipped gym, indoor swimming pool, spa, sauna, rooftop tennis court with CBD views, and an on-site building manager.
The complex also has the added benefit of multiple entrances in Exhibition street, Bourke street entrance with easy access to the trams and Little Bourke Street with direct access to Chinatown

BRILLIANTLY LOCATED TO famous icons such as M.C.G. & the sporting precinct, City Museum, Arts Centre, Federation Square, Bourke Street Mall, QV Shopping Centre, and the opulence of the 'Paris end' of Collins Street all within walking distance.
(Although every care has been taken in the preparation of the information above, we stress particulars herein are for information purposes only, and do not constitute representation by the Owner or the Agent.)

DUE DILIGENCE CHECKLIST :
http://www.consumer.vic.gov.au/housing-and-accommodation/buying-and-selling-property/
checklists/due-diligence

https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 524/181 Exhibition St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$590,000
25 Jun 2021
Listed for Rent
$620/w
13 Mar 2020
  • 25 Jun 2021
    Sold for $590,000
  • 02 Jun 2020
    Listed for Sale $599,000 - $625,000
  • 30 Jan 2020
    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 64,273 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 167 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2700 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.