603/39 Queen Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

603/39 Queen Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 368m2
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Property Details for 603/39 Queen St, Melbourne

603/39 Queen St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1936. The property has a land size of 368m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1936
Floor Size
64m2
Land Size
368m2
Local Government
Melbourne
Lot/Plan
603/PS325394

Last Listing description (November 2024)

Positioned on level six of the Madison, a classic Art Deco style building, located on the corner of Queen Street and Flinders Lane, this classic two bedroom apartment is an absolute gem, offering a totally convenient city lifestyle and ready to enjoy. Featuring secure intercom entry and lift access, the versatile floor plan design has a practical layout including a spacious open plan living/dining area with high ceilings, original steel framed windows. The well appointed dedicated kitchen area has ample bench & cupboard space and electric cooking. Two good size bedrooms, the main with generous built in robes and the second bedroom would also be ideal for those wanting to set up as a home office or study. The bathroom is also well appointed including a bath and there is also a separate laundry that is often a rarity in apartments.

The position provides for a totally convenient city lifestyle with passing transport, a close walk to Collins Street trams, Flinders Street Station, shops, cafes, the Yarra River or an easy bus ride to Queen Victoria Market for grocery shopping. A first class opportunity for the owner occupier or the investor in this tightly held popular building.

Property History for 603/39 Queen St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$425,000
15 Nov 2024
Listed for Rent
$460/w
01 Aug 2023
  • 15 Nov 2024
    Sold for $425,000
  • 13 Sep 2024
    Listed for Sale CONTACT AGENT
  • 17 Jul 2023
    Listed for Rent $460 / 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.

Suburb Insights for Melbourne 3000

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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.