65/172 William StreetMelbourne VIC 3000
Property Details for 65/172 William St, Melbourne
65/172 William St, Melbourne is a 2 bedroom, 1 bathroom Unit 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 February 2023.
Last Listing description (July 2018)
Spacious Two bedroom apartment with full kitchen with stainless steel appliances, spacious lounge and meals area, and main bathroom.
Securely leased to Quest & located in the CBD, its only minutes from Crown Casino, Etihad Stadium, Southbank, Queen Victoria Market and The Arts Precinct and Bourke Street Mall Shopping.
3% rental increases per annum until 2023!
corporation Admin Levies!
Current Rent: $428 per week ($22,293 per annum)
Current Return: 6.02% Gross / 5.80 Net
Lease Terms: Lease to 09/01/2023 with 3 x 5 year options
Rent Increases: 3% annual increases as follows:
Jan 2019- $22,962 pa- 6.20%
Jan 2020- $23,651 pa- 6.39%
Jan 2021- $24,360 pa- 6.58%
Jan 2022- $25, 091 pa- 6.78%
Next Market Review 2023
**PLEASE NOTE**
As is common with Quest Apartments this property is due for refurbishments. Upgrade scope will include:
Full refurbishment of bathrooms (remove bath tubs and replace with modern double shower) ,
New carpets, New kitchen flooring & bench tops
Property History for 65/172 William St, Melbourne, VIC 3000
- 20 Feb 2023Sold for $362,000
- 06 Jun 2018Sold for $385,200
- 24 May 2018Listed for Sale Not Disclosed
Recent sales nearby
See more recent sales nearby/assets/perm/4gccnmcp7ai6xnhr4vemlief2e?signature=46598d55636b7eff9f6f8ceb7ede34e0857e90ab337fdfc143bf54d63f921c5d){kind=logo}
0
/assets/perm/uxrteyuoiei6vky7bgpnvxvb44?signature=3a0c163f3a7a7cd4f1a696fc66466831be2e5be7a9225714910d12bebb647d87){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 64,257 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.
Suburb Insights for Melbourne 3000
Market Insights
Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
