Back 1701/38 Rose Lane
Off Market

1701/38 Rose Lane

Melbourne VIC 3000

2
2
80.79 m²
Apartment
Last sold for $480,000
Gerry WangGerry Wang, last sold this property on 22 August 2026 after 128 days on market.

Overview

Urban Retreat in UWS

Exclusively situated on the most sought-after North-West Corner of Level 17 of the Fifth Tower, this contemporary apartment offers a perfect opportunity for a modern urban lifestyle. Fill with natural light and with fantastic City views, the apartment boasts a spacious well-appointed floor plan with open plan living and dining, Euro kitchen with stainless steel appliances and stone bench tops, master bedroom with full ensuite, second double bedroom with own windows and BIRs, main bathroom with shower, Euro laundry, and a generous-sized balcony outdoor activities. Also features floor to ceiling windows, timber flooring, reverse-cycle air-conditioning, and security intercom system. The Fifth also provides a whole series of top class amenities for residents, such as swimming pool with steam room and spa, gymnasium, residents' lounge, communal dining space and roof top garden. With Southern Cross Train Station literally just downstairs and Melbourne Central, Crown Entertainment Complex all within walking distances, multiple free tramlines reaching all the great schools, such as Melbourne University and RMIT, plus countless, shops, cafes, restaurants within foot distance, the apartment offers a perfect opportunity either for a first home or another astute investment in your portfolio. Currently vacant, suit both owner-occupiers and astute investors seeking for fantastic rental returns and potentials. Inspection by appointment.

Features

2 bedrooms
2 bathrooms
80.79 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1701/38 Rose Lane is $542.92k.

Median value
$542.92k
Estimated value range
$237k - $3m
Median days on market
48
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 1701/38 Rose Lane

2026
Sold
$480,000
Private Sale/Treaty on 22 Aug 2026 by Gerry Wang, of Melplex Real Estate

Happy sellers in Melbourne

81%
81% 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 125 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 765 two-bedroom apartments similar to 1701/38 Rose Lane, have been sold.

This represents a 23% increase in two-bedroom apartments sales when compared to the previous 12 months.

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