503/1 Roy Street, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

503/1 Roy Street
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 2334m2
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Property Details for 503/1 Roy St, Melbourne

503/1 Roy St, Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 2334m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
2003
Floor Size
95m2
Land Size
2334m2
Local Government
Port Phillip
Lot/Plan
503A/PS446158

Last Listing description (June 2024)

Flushed with natural light with stunning skyscraper views, this glorious apartment is your chance to get lakeside, trackside and parkside within moments of the city. An urban escape with a true lifestyle focus, the home boasts a position within Scala, a coveted complex with an array of facilities.

- Oriented to the north to capitalise on sunshine and warmth, the layout is desirably open plan with space for living and dining plus a full-size kitchen with stone benches and quality appliances.

- A wide balcony maximises the views of the adjacent oval and the city in the distance,
- The two generous bedrooms include a large ensuite master with practical study nook and that enjoys access to the balcony
- Two stylish bathrooms including the ensuite with twin vanity plus a full main bathroom complete with bath.
- A proper laundry, wardrobing in both bedrooms and reverse cycle heating/cooling are also offered together with secure intercom entry to the building.
- The home comes with the coveted highlight of two secure parking spaces and a well-sized storeroom
- Residents have use of resort-style facilities which include an indoor pool, gym, sauna and landscaped outdoor entertaining areas.

Perfectly positioned for Melbournes Grand Prix action, close to the Alfred Hospital and moments to tram routes, this location is within a walk of vibrant Chapel Street and an array of dining options and an easy commute into the CBD.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property History for 503/1 Roy St, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$850,000
29 Jun 2024
Listed for Rent
$650/w
01 Jun 2016
  • 29 Jun 2024
    Sold for $850,000
  • 06 Jun 2024
    Listed for Sale $850,000-$900,000
  • 27 Jun 2017
    Sold for $845,000
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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 13,699 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, 675 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.