502/81 Queens Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

502/81 Queens Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 2496m2
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Property Details for 502/81 Queens Rd, Melbourne

502/81 Queens Rd, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 2496m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in April 2011.

Building Type
Unit
Year Built
1968
Floor Size
36m2
Land Size
2496m2
Local Government
Port Phillip
Lot/Plan
502/PS316256

Last Listing description (January 2011)

Outstanding Views, Outstanding Investment, Outstanding Location!!
A sensational, extra large, fully furnished studio apartment with parking featuring some of the best views of Albert Park Lake you will find. Featuring a highly desirable floorplan that includes both a living and bedroom area, this recently renovated secure investment is currently returning a massive $395 per week rent with a secure tenant in place. Perfectly positioned on the 5th floor of the building with un-obstructed lake views and featuring the larger size balcony which turn to Juliet balconies on some of the higher floors. Other features include;
- Renovated kitchen with glass splashbacks and stone benchtops

- Bathroom with shower, toilet, washing machine & dryer
- L-shaped living & bedroom area with boards & heaps of storage
- Wall to wall, floor to ceiling DOUBLE GLAZED windows
- Large sunny balcony with unparalled lake views
- Reverse cycle split system air conditioning / heating
- Secure, gated on title off street parking
- Fully furnished including LCD TV, surround sound / DVD system, queen bed, fold out sofa bed, crockery, cutlery etc
- Building has 2 brand new lifts fully funded and paid for plus a pool & gym
In an outstanding location opposite Albert Park Lake, with trams at your doorstep for easy access to the city, and a short walk to the delights of St Kilda and the beach, how could you go wrong!

Property History for 502/81 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$343,500
26 Apr 2011
Listed for Rent
$430/w
17 Mar 2010
  • 26 Apr 2011
    Sold for $343,500
  • 10 Dec 2010
    Listed for Sale $359,000
  • 28 Jan 2010
    Listed for Rent - Price not available
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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 13,698 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 73 properties listed for sale, and 49 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 674 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.