706/1 Roy Street, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

706/1 Roy Street
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 2334m2
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Last updated 29 Dec 2025
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Property Details for 706/1 Roy St, Melbourne

706/1 Roy St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 2334m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2003
Floor Size
61m2
Land Size
2334m2
Local Government
Port Phillip
Lot/Plan
706/PS446158

Last Listing description (June 2023)

***IMPORTANT***Given current concerns regarding COVID-19, Melbourne Real Estate now conducts one on one inspections of properties only to pre-approved applicants.If you are interested in this property, please watch the video, and then submit an application. This can be done by using the Apply Online link below.Once approved you will be contacted to arrange a one on one tour of the property.All approval decisions will be made by the property owners themselves and you will be notified immediately of all approval decisions.We thank you for your patience while we take these added precautionary measures in an effort to restrict the spread of COVID-19.This stunning apartment in the Scala building is located conveniently within walking distance to Albert Park Lake & Fawkner Park, 10 minutes to the CBD, 5 minutes to Fitzroy St or Chapel St, definitely not a property to be missed!This 7th floor apartment includes a large separate study room, open plan living space, a sleek kitchen that features a gas cooktop, dishwasher and a stone benchtop. Adjoining the lounge/dining, a spacious under cover balcony is the perfect spot for outdoor entertaining. The spacious bedroom has plenty of natural light and excellent sized built in robes.Further benefits include basement carpark, storage cage, European laundry, air-conditioning and heating for year round comfort and intercom and security key entry. Scala residents enjoy access to the buildings indoor lap pool, gymnasium, spa, sauna, & steam room.If you'd like to inspect this property, please submit an application using the 'Apply Online' link provided and you will be contacted by one of our agents immediately.

Property History for 706/1 Roy St, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$552,000
20 Jan 2021
Listed for Rent
$550/w
29 Mar 2020
  • 09 Nov 2021
    Listed for Rent - Price not available
  • 06 Jul 2021
    Listed for Rent $550 / week
  • 20 Jan 2021
    Sold for $552,000
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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 2.29% increase in median value, while Units have seen a 4.38% increase. As at 30 November 2025:

  • The median value for Houses in Melbourne is $2,220,804 while the median value for Units is $664,041.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 33 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 656 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.