509/1 Roy Street, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
 
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509/1 Roy Street
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 2334m2
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Last updated 12 Jan 2026
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Property Details for 509/1 Roy St, Melbourne

509/1 Roy St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 2334m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
2003
Floor Size
82m2
Land Size
2334m2
Local Government
Port Phillip
Lot/Plan
509/PS446158

Last Listing description (September 2024)

Experience the perfect blend of lakeside and park-side living in this 5th-floor apartment located in the 'SCALA' complex. Offering privacy and modernity, this residence boasts a spacious, open-plan living and dining area designed for versatility, leading to a beautiful full-length balcony framed by floor-to-ceiling windows.

The apartment features a sleek stone kitchen equipped with high-end appliances, a main bathroom with elegant marble accents, and two generously sized bedrooms. The master bedroom includes built-in robes and is serviced by an adjoining ensuite. Central heating and cooling ensure perfect temperatures throughout the year, and a dedicated laundry room, along with two car spaces in a secure garage.

Residents of the 'SCALA' complex enjoy exclusive access to exceptional communal facilities, including a gym, pool, sauna, spa, steam room, and BBQ area.

Located in a prime area, this apartment offers the convenience of nearby lively shopping and dining precincts. It is within walking distance of Prahran Market, cafes, and restaurants, as well as lush reserves and parklands. The location also falls within coveted schooling zones and offers easy access to Albert Park Lake walking trails. Public transport is readily available with frequent trams to Melbourne CBD, making commuting a breeze.

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Property History for 509/1 Roy St, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$535,000
01 Aug 2024
Listed for Rent
$520/w
15 Dec 2016
  • 01 Aug 2024
    Sold for $535,000
  • 23 May 2024
    Listed for Sale Not Disclosed
  • 08 Nov 2016
    Listed for Rent $520 / week
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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 56 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 663 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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