1506/8 Bowen Crescent, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

1506/8 Bowen Crescent
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 19 Jan 2026
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Property Details for 1506/8 Bowen Cres, Melbourne

1506/8 Bowen Cres, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Local Government
Port Phillip
Lot/Plan
1506/PS809745

Last Listing description (May 2022)

LUXURY LIVING

Located in the exclusive Albert Place tower completed in 2020 by Gurner, with very convenient access to St Kilda Road tram lines towards CBD or beach and across the road from Albert Park Lake. Footsteps to Royal Botanic Gardens, South Melbourne Market, Clarendon St shops & cafes, Crown Entertainment complex, the arts precinct plus more! Comprising open plan living & dining area with air-con/heating & floor boards, further leading to a large private under cover balcony with views. The beautifully appointed full sized kitchen has plenty of storage, Miele appliances including gas stove, integrated dish washer & stone bench tops. Excellent sized light and bright bedrooms, main with ensuite bathroom and each with built in robe. Sparkling central bathroom with mirror over vanity and luxury finishes, separate concealed laundry facilities including washing machine & dryer as well as study nook. All residents of the complex have access to luxurious pool, club bar & library. Further benefits include building concierge & full security access with below ground parking.

''Pets considered upon application''

Property History for 1506/8 Bowen Cres, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$832,500
30 Jun 2017
  • 21 Apr 2022
    Listed for Rent $635 per week
  • 14 Apr 2021
    Listed for Rent $600 per week - Two weeks Free Rent
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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 13,705 properties. Over the last 5 years, Houses in Melbourne have seen a 44.58% increase in median value, while Units have seen a -0.58% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,829,947 while the median value for Units is $662,478.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 64 properties listed for sale, and 53 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 659 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.