Back 204/9 Degraves St
Off Market

204/9 Degraves St

Melbourne VIC 3000

2
1
64 m²
Apartment
Last sold for $510,000
Cici YangCici Yang, last sold this property on 02 July 2026 after 20 days on market.

Overview

Historic Degraves Street Apartment With Soaring Celling

Expressions of Interest closing Monday 13 July, unless sold prior Set within the iconic Mutual Store Apartments, this spacious two-bedroom residence delivers true Melbourne laneway living in one of the CBD's most sought-after addresses. Positioned on the second floor of a beautiful historic building dating back to Melbourne's early department-store era, the apartment offers a rare sense of scale seldom found in modern CBD apartments. The generous open-plan living and dining area is framed by dramatic architectural windows, and impressive ceiling height, creating a warm, New York-style warehouse feel in the heart of Degraves Street. Adding to its appeal, the impressive ceiling height creates exciting future 'LOFT' potential. Downstairs, Degraves Street's famous cafes, restaurants and laneway culture are right at your door, with Flinders Street Station, Federation Square, Flinders Lane, Collins Street and the Yarra all just moments away. With minimal building facilities to maintain, the focus here is on heritage character, generous proportions, lifestyle and long-term value. Key Features Two bedrooms with built-in robes One spacious bathroom with laundry facilities Soaring ceilings and grand heritage windows Open-plan kitchen with gas cooking Heating and cooling Rare loft-style value-add potential Historic Mutual Store Apartments setting Iconic Degraves Street location A rare opportunity to secure history, scale and future upside in the heart of Melbourne.

Features

2 bedrooms
1 bathroom
64 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 204/9 Degraves St is $548.63k.

Median value
$548.63k
Estimated value range
$237k - $3m
Median days on market
46
Estimated value trend
0%
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 204/9 Degraves St

2026
Sold
$510,000
Private Sale/Treaty on 02 Jul 2026 by Cici Yang, of Cedar Elm Property
2025
Rented
Undisclosed
Leased on 21 May 2025 by Harcourts Melbourne City
2024
Rented
Undisclosed
Leased on 29 Apr 2024 by Harcourts Melbourne City

Happy sellers in Melbourne

86%
86% 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, 782 two-bedroom apartments similar to 204/9 Degraves St, have been sold.

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

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