804/600 Little Bourke StreetMelbourne VIC 3000
Property Details for 804/600 Little Bourke St, Melbourne
804/600 Little Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 466m2 and floor size of 17m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (May 2018)
Located in the heart of Melbourne in the Ibis Hotel this great entry level investment property has a generous return of 6.68% net per year. With low outgoings and a stable returns this set and forget investment is sure to receive a great return for years to come. With an excellent position close to Southern Cross station this is the ideal Hotel location assuring investors that they will be getting the best return on their money possible.
Currently return $10,032 per year with very low outgoings of $720 per year under current tenancy agreement this studio apartment has everything you could need for the overnight or longer stay. Clean and tidy this property includes a Breakfast bar, spacious bathroom, blackout blinds and built in robes.
Located close to everything Melbourne has to offer and only a stones throw to Crown casino, Melbourne Central, Etihad stadium and public transport. Extra features include a gymnasium and rooftop deck. The property is used primarily for commercial purpose, that is for the provision of accommodation as a serviced apartment.
Property History for 804/600 Little Bourke St, Melbourne, VIC 3000
- 28 Oct 2022Sold for $110,000
- 15 May 2018Sold for $142,000
- 05 Apr 2018Listed for Sale $145,000
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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 64,265 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:
- 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.
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