702/8 Bowen Crescent, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

702/8 Bowen Crescent
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1230m2
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Last updated 11 May 2026
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Property Details for 702/8 Bowen Cres, Melbourne

702/8 Bowen Cres, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1230m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Land Size
1230m2
Local Government
Port Phillip
Lot/Plan
702/PS809745

Last Listing description (March 2025)

Surrounded by the very best of Melbournes cultural, dining and sporting landmarks, exclusive Albert Place is a luxury icon that exudes chic, Manhattan style and sophistication on the CBDs southern edge. Designed by leading architects Elenberg Fraser, built by Gurner, and with interiors by luminary David Hicks, its unquestionable luxury credentials are further enhanced by its complete convenience in a low traffic island overlooking a pocket park between Albert Park Lake and the Royal Botanic Gardens.

Elevated above its rivals by expert design, premium finishes, extensive floor to ceiling outlooks and lavish resident amenities, this 2-bedroom, 2-bathroom corner apartment provides the ultimate in easy, lock up and leave living with virtually every amenity at its doorstep. Accommodation features two spacious bedrooms with excellent BIRs, one served by an adjoining bathroom, the main with twin BIRs and designer ensuite, bright open plan living/dining featuring a chic Miele appointed kitchen with marble look stone benchtops and soft gold detailing, floor to ceiling surrounding glazing and an undercover balcony with fitted bar and tree top parkland views.

Further highlights include fully tiled bathrooms with soft gold tapware and double-head showers, European laundry, ducted heating/cooling, wide board timber floors, double glazing, video intercom security and secure basement parking. Building facilities include a marble lined foyer, building manager, access to valet service, two lifts, wine storage and Turkish bath house inspired pool, spa and sauna. Step out to Albert Park Lake and its Golf Course, select entry Mac. Robertson Girls High and Melbourne Grammar, St Kilda Road trams to the CBD, Arts, Sports and Entertainment precincts, under construction transport hub Anzac Station, Domain Road dining, acres of parkland that include the Shrine, Royal Botanic Gardens and famous Tan running track with easy access to Melbourne Girls Grammar, MSAC, St Kilda Road business precinct, Crown Casino, major arterial links and much more!

Property History for 702/8 Bowen Cres, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$582,000
01 Feb 2025
  • 01 Feb 2025
    Listed for Sale Private Sale: $580,000 - $630,000
  • 01 Feb 2025
    Sold for $582,000
  • 20 Jun 2017
    Sold for $667,500
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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 13,703 properties. Over the last 5 years, Houses in Melbourne have seen a 55.43% increase in median value, while Units have seen a -3.58% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $2,238,081 while the median value for Units is $645,498.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 71 properties listed for sale, and 57 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 696 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.