705/23 Mackenzie Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

705/23 Mackenzie Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 72m2
Land area: 1943m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Mar 2026
Low

High
Save

Property Details for 705/23 Mackenzie St, Melbourne

705/23 Mackenzie St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2019. The property has a land size of 1943m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
2019
Floor Size
72m2
Land Size
1943m2
Local Government
Melbourne
Lot/Plan
806/PS738920

Last Listing description (February 2026)

A stunning medley of sophistication and exclusivity, youll love every luxurious element of this two bedroom, two bathroom apartment, situated on the seventh floor of prestigious Conservatory Melbourne.

Finely introduced by a hotel-inspired foyer with a concierge and brimming with high-end residents facilities including a lap pool, sun deck, gym, sauna, steam room, golf simulator, cinema and an alfresco BBQ area, theres even a soaring Skydeck on the 42nd floor with heated spas and breathtaking panoramic views.

Featuring a broad wall of floor-to-ceiling glazing with views out to the iconic Royal Exhibition Building, heritage rooftops and the sparkling swimming pool, the living/dining room boasts a stone island alongside the premium Miele kitchen. The balconied master bedroom enjoys similar views and extends into a superior ensuite with a free-standing tub.

Beyond the foyer, youll love strolling to great shopping at QV and Melbourne Central while also being just steps from RMIT University, Melbourne University and beautiful Carlton Gardens. Dine at the citys many top-rated restaurants or walk to Lygon Steets iconic dining scene.

Please note - the sale price covers the furnishings at the property, excluding the Eames chair and ottoman.

- High-end design
- Spectacular views
- Outstanding residents facilities
- A split system air-conditioner in the living room
- A second split system air-conditioner in the master bedroom
- Stylish floorboards

Property History for 705/23 Mackenzie St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$937,205
30 Jun 2017
Listed for Rent
$550/w
27 Apr 2021
  • 26 Feb 2026
    Listed for Sale $715,000 to $735,000
  • 05 Mar 2021
    Listed for Rent $550 / week
  • 24 Jan 2020
    Listed for Rent $850 / week
Sign in to see more transactions
Commute Calculator

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 64,237 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 254 properties listed for sale, and 181 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2765 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.