1101/1 Union Street, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

1101/1 Union Street
Melbourne VIC 3004

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 611m2
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Last updated 11 May 2026
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Property Details for 1101/1 Union St, Melbourne

1101/1 Union St, Melbourne is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 611m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Land Size
611m2
Local Government
Port Phillip
Lot/Plan
1101/PS735715

Last Listing description (September 2023)

The exclusive K1 Residences boast alluring style with the use of industrial and natural materials including glass, concrete and rich timbers. One of only thirteen, this generous, house sized apartment takes up the entire 11th floor. Its interior spaces have been meticulously designed by Bergman and Co, master creators of high-end dwellings. The apartment's entrance hall leads to vast, open plan living and dining spaces with large sliding doors opening to the undercover entertainer's terrace with impressive views stretching over Albert Park Lake to Port Phillip Bay. The designer kitchen is all class. The quality of its cabinetry, in particular, integrates the space into the home elegantly. It showcases the latest Swiss V-ZUG appliances which are paired with natural stone bench tops, integrated fridge/freezer and Butler's pantry which all add to the sense of sophistication. The master bedroom with its luxurious ensuite (walk in shower and soothing soaker tub) and generous robes evokes a 5 start hotel feel, whilst all three further bedrooms are generous in size, have built in robes and are serviced by a sleek central bathroom. There is a handy study nook to satisfy work from home requirements, a large family sized laundry and lux guest powder room. Light oak timber floors, heating and cooling, feature gas fire, and basement parking for two cars enhance a most desirable living environment. Flanked by Melbourne's most famous boulevard on one side and the green haven of Albert Park Lake on the other, K1 is located perfectly - jog/walk around the lake's 5km circuit, walk to Fawkner Park or Chapel Street's famous shopping and hospitality precinct. Head down to Fitzroy Street into St Kilda for an eclectic mix of coffee shops, cafes and cool eateries, the pastry heaven of Acland Street and Melbourne's most iconic beach. This is one of the most eclectically abundant amenity hubs in the area, with so much on the doorstep and the best that Melbourne CBD has to offer just a tram ride away. Furnished option available by negotiation.

**To Inspect**
Please refer to the listed inspection time/s. If no inspection time is available or you are not able to make the listed time/s please click "Get in Touch" to request an Inspection Time or Contact Agent and register your interest.

**Please Note**
Open for Inspection times and property availability is subject to change without notice. We highly recommend registering for an inspection you are going to attend to avoid disappointment for cancellations. If you are registered for an inspection, you will be notified by SMS if the inspection is cancelled.

**Caution**
Marshall White has exclusive leasing rights to this property. We do not advertise on Gumtree, Facebook Marketplace or any other social media platforms. Please beware of scammers and apply only via the official advertising link using the Snug platform.

Property History for 1101/1 Union St, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$2,525,000
08 Mar 2024
Listed for Rent
$1.50k/w
07 Aug 2023
  • 08 Mar 2024
    Sold for $2,525,000
  • 25 May 2023
    Listed for Rent $1,495 / week
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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,704 properties. Over the last 5 years, Houses in Melbourne have seen a 55.43% increase in median value, while Units have seen a -3.58% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $2,238,081 while the median value for Units is $645,498.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 71 properties listed for sale, and 57 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 696 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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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.