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Off Market

1031/572 St Kilda Road

Melbourne VIC 3000

1
1
Apartment
Last sold for $230,000
Winnie WuWinnie Wu, last sold this property on 12 July 2022 after 377 days on market.

Overview

Low maintenance investment property on St Kilda Road

*VENDORS LISTED WITH OUR NO SELL NO CHARGE PROMOTION. ENQUIRE TO FIND OUT MORE ABOUT OUR NO SELL NO CHARGE GUARANTEE WHEN SELLING WITH BOW RESIDENTIAL - WINNIE WU 0422 666 502* This affordable investment property is a perfect addition to any portfolio. Well located along the commercial hub of St Kilda Road, the apartment features a spacious living area, quality fitting, and fixtures, a pristine modern bathroom, as well as heating and cooling. The building offers a well-maintained gym facility on ground level, 24-hour concierge, secure lift access. Public transport at the door, with easy accessibility to the city and St Kilda Beach. Wesley College is within walking distance and is in a very popular location as it's located across from the F1 Grand Prix track/Albert Lake. Property is currently privately leased but new owner has the option to lease back to Seasons Hotel. As reference, the property was generating $1630 per month prior to COVID. Please contact agent, Winnie Wu, on 0422 666 502 to organise a private inspection.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1031/572 St Kilda Road is $344.58k.

Median value
$344.58k
Estimated value range
$39k - $935k
Median days on market
37
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1031/572 St Kilda Road

2022
Sold
$230,000
Private Sale/Treaty on 12 Jul 2022 by Winnie Wu, of Bow Residential
2021
Rented
Undisclosed
Leased on 12 Dec 2021 by Bow Residential

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 583 one-bedroom apartments similar to 1031/572 St Kilda Road, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

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