507/83 Queens Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

507/83 Queens Road
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 71m2
Land area: 2343m2
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Property Details for 507/83 Queens Rd, Melbourne

507/83 Queens Rd, Melbourne is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 2343m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2006
Floor Size
71m2
Land Size
2343m2
Local Government
Port Phillip
Lot/Plan
507/PS500673

Last Listing description (June 2023)

**ARRANGE AN INSPECTION TIME ONLINE - DETAILS BELOW**

This modern unfurnished apartment commands a highly desirable location in conjunction with great natural light and brilliant views.
Comprising of a generous open plan living and dining area with balcony offering views of the Bay and the Fitzroy Street precinct, an adjoining fully appointed kitchen with stainless steel appliances and dishwasher, 2 bedrooms with built-in mirrored robes (bedroom 2 also has additional balcony), good sized bathroom with double shower and laundry facilities as well as access from the main bedroom, split system heating and cooling, additional panel heating and a tandem car space for 2 cars.

Building features include; Security access throughout, building manager, roof top pool and full equipped gym as well as spectacular views of Albert Park Lake and the Formula 1 Grand Prix event.

NOTE: Entrance to building is on Queens Lane

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Property History for 507/83 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$620,000
11 Aug 2021
Listed for Rent
$560/w
03 Oct 2017
  • 12 Apr 2022
    Listed for Sale Contact Agent
  • 09 Nov 2021
    Listed for Rent - Price not available
  • 11 Aug 2021
    Sold for $620,000
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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 13,705 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 62 properties listed for sale, and 54 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 664 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.