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Back 1401/8 Downie St
Off Market

1401/8 Downie St

Melbourne VIC 3000

1
1
1
0 m²
0 m²
Apartment
Last sold for $385,000
Jen Lin LauJen Lin Lau, last sold this property on 10 August 2025 after 52 days on market.

Overview

Spacious Indoor/Outdoor Retreat in the Heart of the City

A spectacular illustration of free-flowing indoor/outdoor space, this value-packed 1 bedroom apartment will instantly impress, neatly nestled in a CBD pocket. Venture downstairs and take full advantage of easy walking distance to Flinders Lane cafes, Southern Cross trains, free city trams, Spencer Street shopping, top-ranking universities, Marvel Stadium, and cross the river for Southbank attractions including Crown and promenade restaurants. Discover wide-reaching open-plan living and dining underscored by a chef-ready kitchen boasting a pull-out pantry, glossy splashback, and high-quality appliances including a 4-burner gas cooktop. Sensationally set on the 14th floor of the popular Eifel complex, step outside to a full-length undercover balcony, large enough to assemble the full suite of outdoor settings. This oversized alfresco perch is a true game-changer! A sizeable bedroom enjoys extensive mirrored built-in robes, serviced by a stylish ensuite bathroom with a stone-topped vanity. Comprehensive features include secure car parking, a large European laundry with a sink and washing machine, panel heating, roller blinds, and recessed down-lighting. Eifel is graced with intercom security, a building manager, and exclusive resort-style use of an indoor pool, spa, sauna, and a well-equipped gym. Inspect today! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings Council Rates: $239.97 per quarter approx. Water Rates: $179.16 per quarter approx. Owners Corporation Fees: $906.90 per quarter approx. Potential Rental Income $550 - $580 per week approx.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
0 m² floor area
0 m² lot size
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 1401/8 Downie St is $343.75k.

Median value
$343.75k
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 1401/8 Downie St

2025
Sold
$385,000
10 Aug 2025 by Jen Lin Lau, of MICM
2024
Rented
Undisclosed
Leased on 18 Apr 2024 by Professionals First & Co.
2019
Sold
$390,000
20 Jun 2019 by Spencer Nguyen, of BRADY residential

Happy sellers in Melbourne

80%
80% 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 135 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 578 one-bedroom apartments similar to 1401/8 Downie St, have been sold.

This represents a 15% increase in one-bedroom apartments sales when compared to the previous 12 months.

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