507/55 Queens Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

507/55 Queens Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 20 Apr 2026
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Property Details for 507/55 Queens Rd, Melbourne

507/55 Queens Rd, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. While the property is not currently for sale or for rent, it was last sold in July 2005.

Building Type
Unit
Year Built
2009
Local Government
Port Phillip
Lot/Plan
507/PS542638

Last Listing description (June 2021)

This Large One Bedroom Is a Must See!

Please copy and paste the link below to apply: https://bit.ly/ApplyHereandNow

This quality apartment on the 5th floor of the renowned Grosvenor building is a must see! The apartment comes with the following features:

- Large open plan living with an abundance of natural light

- Well equipped kitchen with European stainless steel appliances that are sure to impress
- Large balcony perfect for entertaining
- A good sized bedroom with mirrored build-in wardrobes
- Modern bathroom provides for plenty of storage, with a bath tub and shower along with European laundry
- Secure undercover car park
- Reverse cycle heating and cooling
- Security swipe/intercom access

Additional building features include indoor swimming pool, gymnasium and on-site building manager.

All this and located just minutes from Fitzroy Street, Chapel Street, St Kilda Beach, Albert Park Lake, Fawkner Park - What a lifestyle!

Property History for 507/55 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$415,000
26 Jul 2005
  • 22 Apr 2021
    Listed for Rent $370 p.w.
  • 29 Apr 2019
    Listed for Rent - Price not available
  • 13 Feb 2018
    Listed for Rent $420 p.w.
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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 47 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.