625/199 William Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

625/199 William Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1613m2
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Property Details for 625/199 William St, Melbourne

625/199 William St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 1613m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
2015
Land Size
1613m2
Local Government
Melbourne
Lot/Plan
625/PS648185

Last Listing description (January 2025)

We are excited to offer a prime investment opportunity at 625/199 William Street, Melbourne. Located on the 6th floor, this 2-bedroom, 1-bathroom apartment showcases modern CBD living at its finest.

Key Highlights:

- Prime Location: Situated on prestigious William Street in the heart of Melbourne CBD, this property offers unmatched urban convenience. Flagstaff Gardens and Queen Victoria Market are just a short walk away, placing city amenities right at your doorstep.


- Stylish Living: Enjoy the sophistication of timber floorboards throughout the living and kitchen areas, and step onto your private balcony to take in the refreshing city air.

- Smart Layout: The apartment's thoughtful design includes a spacious bathroom connecting the two bedrooms, each equipped with wardrobes for plenty of storage space.

- Exclusive Amenities: Residents enjoy access to premium amenities, including an outdoor pool, a fully equipped gym, and a peaceful family lounge.

- Investment Opportunity: Currently used as a short-term rental, this fully furnished unit offers a lucrative investment with an estimated rental income of $650-$725 per week, making it ideal for investors or first-time buyers.

Whether you're expanding your investment portfolio or seeking the perfect urban home, this apartment is a fantastic choice.

Dont miss outcontact us today to schedule a private viewing and secure your place in Melbourne's dynamic real estate market!

Property History for 625/199 William St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$445,000
18 Dec 2024
Listed for Rent
$630/w
17 May 2023
  • 18 Dec 2024
    Sold for $445,000
  • 08 Oct 2024
    Listed for Sale $440,000 - $480,000
  • 13 Aug 2020
    Listed for Rent $370 / 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 64,192 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.
There are currently 255 properties listed for sale, and 182 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2768 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.