Back 1234/43 Therry Street
Off Market

1234/43 Therry Street

Melbourne VIC 3000

1
1
Apartment
Eddie ZhuEddie Zhu, last sold this property on 27 May 2025 after 19 days on market.

Overview

Unmissable Investment Opportunity: 12% Rental Yield in the heart of Melbourne

Conveniently placed within the Mercure Hotel complex towards the Northern end of the CBD, this studio apartment is an alluring opportunity for first home buyers or students looking to gain a foothold in the Melbourne market, or astute investors wanting to add to their property portfolio. Filled with natural light and well-maintained throughout, it comprises an open-plan environment, immaculate kitchen, bathroom and split system heating/AC. Advantaged by a prized location, a heartbeat to Queen Victoria Market, Melbourne Central, Emporium and in the prestigious University High zone. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

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 1234/43 Therry Street 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 1234/43 Therry Street

2025
Rented
Undisclosed
Leased on 15 Dec 2025 by Areal Property Box Hill
2025
Sold
Undisclosed
27 May 2025 by Eddie Zhu, of Areal Property Box Hill
2023
Rented
Undisclosed
Leased on 20 Feb 2023 by Areal Property Box Hill

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, 581 one-bedroom apartments similar to 1234/43 Therry Street, have been sold.

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

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