701/29 Market St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1929. While the property is not currently for sale or for rent, it was last transferred in November 2009.
Set within the iconic Port Authority Building, this sensational apartment is a superb example of 20th century architecture. Comprising of a light filled open plan living & area dining area with views of The Yarra River, well-equipped kitchen with stylish granite benchtops, quality stainless steel appliances, gas cooking, ample cupboard space, dishwasher, fridge, master bedroom with built in robes with ensuite and second double bedroom also with built in robes, which is serviced by a central bathroom. Complete with secure intercom entry, a European laundry, brand new carpet throughout, double glazing, 6 portable heaters and enviably located within walking distance to the Central Business District, Crown Complex, Federation Square, Flinders Lane and an abundance of cafes, restaurants, bars and public transport options, this is a rare opportunity for those seeking a private, secure home in the heart of the city!
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 64,265 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:
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