Back 1402/8 Downie St
Off Market

1402/8 Downie St

Melbourne VIC 3000

1
1
Apartment
Last sold for $325,000
Tom PriorTom Prior, last sold this property on 04 August 2025 after 35 days on market.

Overview

Oversized One-Bedroom Apartment with Full-Length Balcony in Prime CBD Location

Positioned high on the 14th floor of the sought-after Eifel complex, this impressively scaled one-bedroom apartment offers a flawless fusion of indoor comfort and outdoor living in the beating heart of Melbourne An exceptional opportunity for first-home buyers, professionals, or savvy investors, it places you moments from Southern Cross Station, Flinders Lane cafés, free trams, Marvel Stadium, Crown, and Melbourne's top universities. Step inside to discover a sunlit open-plan living and dining area flowing seamlessly to a full-length undercover balcony – a rare and versatile alfresco space perfect for entertaining or unwinding above the vibrant city below. The stylish stone-finished kitchen is equipped with a 4-burner gas cooktop, pull-out pantry, and premium appliances, designed to meet the needs of any home chef. The generous bedroom includes mirrored built-in robes and easy access to a sleek ensuite bathroom, complete with stone-topped vanity and mirrored cabinetry. A large European laundry with sink, Split system A/C, roller blinds, and recessed downlights add to the apartment's practical appeal Residents enjoy exclusive access to Eifel's resort-style facilities, including a heated indoor pool, spa, fully equipped gym, intercom security, and the attentive service of an on-site building manager. Whether you're seeking a vibrant city lifestyle or a high-performing investment (rental estimate: $500–$550 per week approx.), this spacious urban retreat ticks all the boxes.

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 1402/8 Downie St 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 1402/8 Downie St

2025
Sold
$325,000
04 Aug 2025 by Tom Prior, of BRADY residential
2024
Rented
Undisclosed
Leased on 07 Oct 2024 by BRADY residential
2024
Rented
Undisclosed
Leased on 18 Jan 2024 by BRADY 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 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 586 one-bedroom apartments similar to 1402/8 Downie St, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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