407/1 Roy Street, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

407/1 Roy Street
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 2333m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 20 Apr 2026
Low

High
Save

Property Details for 407/1 Roy St, Melbourne

407/1 Roy St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 2333m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
2003
Floor Size
66m2
Land Size
2333m2
Local Government
Port Phillip
Lot/Plan
407/PS446158

Last Listing description (April 2025)

• Ducted Heating and Cooling
• Secure Car Park and Storage Cage
• 15 Visitor Car Spaces

• Parking Permit (1x Resident + 1x Visitor)
• Minutes' Walk for Albert Park Lake, Fawkner park
• Top class facilities: Indoor Heated Pool, Gymnasium, Sauna, Steam Room, Barbecue Area and on site Building Manager
• Security Swipe Access with Intercom
• Living Area with Floor to Ceiling Windows
• Secure Views of CricketGrounds

This elegant 2-bedroom apartment boasts a sophisticated interior featuring solid timber floors, a granite kitchen with a gas cooktop, a laundry, reverse cycle air-conditioning, and a covered balcony with scenic park views. Security parking is provided under cover, with parking rights on the title.

Floor-to-ceiling windows flood the living area with abundant northern light, enhancing the sense of space and warmth that extends throughout the home and onto the balconies, which showcase the surrounding views.

This prestigious apartment in the highly desirable SCALA building offers a premium lifestyle, blending beautiful design, smart functionality, and impressive space and style. Enjoy breathtaking views of Albert Park Lake and Port Phillip Bay. The gourmet kitchen is a standout with custom cabinetry, stone benchtops, a stone splashback, European appliances, and generous storage.

Perfectly positioned within walking distance of Melbourne's renowned tree-lined boulevards, Albert Park Lake, Fawkner Park, Prahran Markets, and the vibrant dining and shopping precincts of Fitzroy Street and South Yarra, this property also provides easy access to freeways. A tram stop at your doorstep connects you directly to the city or beach.

Investing in the coveted Scala building means embracing an exceptional lifestyle, complete with amenities such as an indoor heated pool, gymnasium, sauna, steam rooms, a residents' barbecue area, and building concierge services.

Property History for 407/1 Roy St, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$481,500
23 Feb 2025
Listed for Rent
$540/w
12 Oct 2016
  • 23 Feb 2025
    Sold for $481,500
  • 23 Jan 2025
    Listed for Sale $450,000 - $495,000
  • 22 Sep 2016
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 -2.43% decrease in median value, while Units have seen a -0.76% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,558,796 while the median value for Units is $649,600.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 74 properties listed for sale, and 45 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 672 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.