706/22-40 Wills St, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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706/22-40 Wills St
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 16 Mar 2026
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Property Details for 706/22-40 Wills St, Melbourne

706/22-40 Wills St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Melbourne

Last Listing description (January 2026)

Discover luxury living in this spacious apartment located in the highly sought-after Wills Tower complex. Perfectly positioned in the heart of Melbourne, this residence offers both comfort and convenience.

Key Features:
- Entrance Hall: Welcoming and floorboards throughout.

- Generous Open-Plan Living & Dining Area: Featuring beautiful parquetry floorboards and direct access to a private balcony
- Modern Kitchen: Equipped with stainless steel appliances, a dishwasher, and a large walk-in pantry
- Two bedrooms, both with built-in robes; master bedroom includes spacious ensuite bathroom
- Central bathroom with recently refurbished shower and toilet
- European laundry - Space-saving and efficient area with bi fold doors at entrance of apartment.
- Electric Panel Heaters
- Large balcony

Additional Highlights:
- Secure intercom access: for added peace of mind
- 1 x secure car parking: convenient and secure
- High ceilings & parquetry flooring. Enhance the spacious feel and aesthetic appeal
- Common areas feature swimming pool, spa and gym included for you to use.

Prime Location:
Enjoy unparalleled access to Melbourne Central, RMIT, William Angliss Institute, Flagstaff Gardens, Queen Victoria Market, and a variety of public transport options.
For those seeking a blend of luxury and practicality in one of Melbourne's most desirable areas, this apartment is the perfect choice.

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Property History for 706/22-40 Wills St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$650/w
23 Feb 2023
  • 20 Jan 2026
    Listed for Rent $725 / week
  • 17 Sep 2024
    Listed for Rent $685 / week
  • 11 Jan 2023
    Listed for Rent $630 / 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 64,246 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 247 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2781 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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