503/81 Queens Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

503/81 Queens Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 19 Jan 2026
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Property Details for 503/81 Queens Rd, Melbourne

503/81 Queens Rd, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1968
Local Government
Port Phillip
Lot/Plan
503/PS316256

Last Listing description (December 2025)

BREATHTAKING VIEWS - FULLY FURNISHED

Beautifully presented and perfectly timed for Grand Prix enthusiasts, this stunning apartment boasts an unbeatable location directly opposite Albert Park Lake. With floor-to-ceiling double-glazed windows, it offers breathtaking lake and city views, providing a serene backdrop to everyday living. Relax and entertain on the balcony while taking in the picturesque scenery. Inside, the home features a well-appointed one-bedroom layout, complete with built-in robes and an open-plan kitchen offering electric cooking, ample cupboard space, and a convenient breakfast bar. A split system heating and cooling unit is located in the lounge room. The central bathroom includes a shower over the bath, a vanity with plenty of storage, and access to a communal laundry.(directly opposite the apartment). Secure Parking
Residents enjoy exclusive access to amenities, including a swimming pool, gym, sauna, and meeting rooms. Step outside and stroll to St Kilda Road, or take advantage of nearby transport options to reach the CBD, St Kilda Beach, or Albert Park Lake for a walk, run, or bike ride. Surrounded by cafes, bars, parks, and shopping precincts, this property is all about lifestyle and convenience.

Property History for 503/81 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$300,000
16 Aug 2022
  • 20 Nov 2025
    Listed for Rent $580 pw
  • 05 Dec 2024
    Listed for Rent $500 pw
  • 23 Oct 2023
    Listed for Rent $550 pw
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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 57 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 662 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.