703/8 Bowen Crescent, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

703/8 Bowen Crescent
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 1230m2
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Property Details for 703/8 Bowen Cres, Melbourne

703/8 Bowen Cres, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2020. The property has a land size of 1230m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
2020
Floor Size
50m2
Land Size
1230m2
Local Government
Port Phillip
Lot/Plan
703/PS809745

Last Listing description (April 2023)

Albert Place residences redefines luxury living with access to a concierge, valet and amenities including The Prince Albert Private Club (billiard room, wine cellar, library, lounge and gaming table) and The Princes Baths (lap pool, sunken spa and sauna). With Otis Coffee & Wine located in the building and Albert Park across the road, you will have every convenience by residing in this spectacular 12-month-old development.

Features include:


- Kitchen with island bench, stainless steel appliances including a dishwasher, ample cupboard space

- Adjoining lounge with access to a balcony, perfect for entertaining

- Bedroom with built-in robes

- Bathroom with quality fixtures

- European laundry

- Separate study

- Ducted heating & cooling to lounge

- Intercom system

Inspired by the old world charm and sophistication of New York City's upper east side, Albert Place Residences is an everlasting classic with a modern edge.

Only a short stroll to Fawkner Park and the Royal Botanic Gardens, Melbourne's Arts & Cultural precinct around the corner and public transport at your doorstep what more could you want? Book your private inspection today.

*Please note: this building has an embedded network for gas, electricity & internet. Please note that renders have been used for advertising and are not specifically of this apartment.*

Property History for 703/8 Bowen Cres, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$521,000
08 May 2017
Listed for Rent
$530/w
12 Apr 2023
  • 12 Apr 2023
    Listed for Rent $530 / week
  • 08 Oct 2021
    Listed for Rent $430 / week
  • 08 May 2017
    Sold for $521,000
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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 13,699 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 49 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 675 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.