6/585 La Trobe StreetMelbourne VIC 3000
Property Details for 6/585 La Trobe St, Melbourne
6/585 La Trobe St, Melbourne is a 1 bedroom, 1 bathroom Unit.
Last Listing description (October 2023)
Perfectly positioned in the heart of the CBD, this amazing central location takes advantage of the best Melbourne has to offer.
This sensational studio apartment encompasses all the makings of a convenient inner-city home or a suave addition to an investor's portfolio. Enjoy strong rental returns as a set-and-forget investment in a blue-chip location with potential 12% rental yield. This property will delight investors looking to expand their property portfolio or first home buyers looking for an entry-level property.
Featuring:
Modern & functional kitchen with ample cupboard space
Bedroom with built in robes
Bathroom with separate shower and bathtub
Prime strategic location in CBD
Building features include private lift access, secure-intercom entry & video monitored surveillance.
Superbly positioned at the west end of La Trobe Street just footsteps from Flagstaff Gardens and within the city's free tram zone. Enjoy being at the forefront of Melbourne's finest shopping & entertainment with Melbourne Central, Chinatown, Queen Victoria Market, Southern Cross Station & Melbourne Skybus all just moments away.
Investors will set and forget this sure-fire portfolio performer, while owner-occupiers can appreciate the class and convenience on offer.
Please contact Annamaria on 0481 602 108 to arrange an inspection.
Property History for 6/585 La Trobe St, Melbourne, VIC 3000
- 15 Jun 2023Listed for Sale $270,000-$290,000-
Recent sales nearby
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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 64,246 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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