64/172 William StreetMelbourne VIC 3000
Property Details for 64/172 William St, Melbourne
64/172 William St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 728m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Last Listing description (April 2018)
Quest on William is located in the CBD, and is only minutes from Crown Casino, Etihad Stadium, Southbank, Queen Victoria Market and The Arts Precinct and Bourke Street Mall Shopping.
3% increases per annum until 2023!
Quest pay Council, Water & Owner corporation Admin Levies
Fully refurbished kitchen and bathroom, and secure tenure and increases until 2023 you cannot overlook this fantastic investment
Current Rent: $441.50 per week ($22,962 per annum)
Current Return: 6.00% Gross / 5.80% NET
Lease Terms: Lease to 09/01/2023 with 4 x 5 year options
Rent Increases: 3% Increases commencing 2020.
Rent schedule and increases as follows:
Jan 2019- $22,962 pa- 6.00%
Jan 2020- $23,650 pa- 6.30%
Jan 2021- $24,360 pa- 6.48%
Jan 2022- $25, 091 pa- 6.68%
Next Market Review 2023
FULLY REFURBISHED KITCHEN AND BATHROOM
Two bedroom apartment.
Full kitchen with stainless steel appliances, spacious lounge and meals area, two spacious bedrooms and main bathroom.
Property History for 64/172 William St, Melbourne, VIC 3000
- 04 Apr 2018Sold for $399,000
- 05 Mar 2018Listed for Sale Not Disclosed
- 03 Oct 2014Sold for $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 64,232 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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