401/8 Bowen Crescent, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

401/8 Bowen Crescent
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 1230m2
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Property Details for 401/8 Bowen Cres, Melbourne

401/8 Bowen Cres, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2020. The property has a land size of 1230m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
2020
Floor Size
54m2
Land Size
1230m2
Local Government
Port Phillip
Lot/Plan
401/PS809745

Last Listing description (October 2023)

This stunning one-bedroom apartment in the ideal location is now ready to be called home.

Albert Place residences redefines luxury living with access to a concierge and amenities including The Prince Albert Private Club (billiard room, wine cellar, library, lounge and gaming table) and The Princes Baths (lap pool, sunken spa and sauna). With Otis Coffee & Wine located in the building and Albert Park across the road, you will have every convenience by residing in this spectacular development.

Being offered for lease furnished, other features include:

- Kitchen with island bench, stainless steel appliances including a dishwasher, ample cupboard space

- Adjoining lounge with access to a balcony, perfect for entertaining

- Bedroom with built-in robes

- Bathrooms with quality fixtures

- European laundry

- Separate study

- Ducted heating & cooling to lounge

- Intercom system



Inspired by the old-world charm and sophistication of New York City's upper east side, Albert Place Residences is an everlasting classic with a modern edge.

Only a short stroll to Fawkner Park and the Royal Botanic Gardens, Melbourne's Arts & Cultural precinct around the corner and public transport at your doorstep what more could you want?

*Photos of similar apartment used for advertising*

*Please note: this building has an embedded network for gas, electricity & internet.*

Property History for 401/8 Bowen Cres, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$496,000
01 May 2017
Listed for Rent
$530/w
26 Oct 2023
  • 11 Oct 2023
    Listed for Rent $530 / week
  • 01 May 2017
    Sold for $496,000
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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 13,700 properties. Over the last 5 years, Houses in Melbourne have seen a 2.29% increase in median value, while Units have seen a 4.38% increase. As at 30 November 2025:

  • The median value for Houses in Melbourne is $2,220,804 while the median value for Units is $664,041.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 73 properties listed for sale, and 32 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 651 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.