Back 2301/5 Sutherland St
Off Market

2301/5 Sutherland St

Melbourne VIC 3000

2
1
Apartment
Last sold for $395,000
Tom PriorTom Prior, last sold this property on 02 March 2026 after 4 days on market.

Overview

Premium City Living with Strong Rental Yield

Positioned high within the prestigious Melbourne Sky complex, Apartment 2301/5 Sutherland Street delivers elevated city living with style, light and sweeping skyline views. A prized northerly aspect and floor-to-ceiling glazing fill the open-plan living and dining zone with natural light, while a private balcony provides the perfect vantage point to take in the energy of Melbourne's CBD. The sleek stone kitchen is beautifully appointed with premium Miele appliances and gas cooking, complemented by a generous bedroom with built-in robes and a designer bathroom featuring floor-to-ceiling tiling and concealed laundry. From an investment perspective, this is a standout opportunity offering immediate and secure returns. Currently leased at $680 per week, the apartment provides strong rental yield in a high-demand CBD pocket popular with professionals and students alike. With low outgoings and access to premium resident facilities, it represents a low-maintenance, high-performance asset with excellent tenant retention and long-term growth potential. Additional features include split-system heating and cooling, double-glazed windows for comfort and efficiency, secure video intercom entry and quality modern finishes throughout. Residents enjoy exclusive access to resort-style amenities including a heated indoor pool, spa, sauna and fully equipped gym, enhancing both lifestyle appeal and rental desirability. Perfectly positioned just moments from Melbourne Central, QV, Hardware Lane's renowned dining scene, RMIT University, Queen Victoria Market, Flagstaff Gardens and the Free Tram Zone, the location ensures ongoing convenience and enduring market appeal.

Features

2 bedrooms
1 bathroom
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 2301/5 Sutherland St is $545.73k.

Median value
$545.73k
Estimated value range
$230k - $2.95m
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 2301/5 Sutherland St

2026
Sold
$395,000
02 Mar 2026 by Tom Prior, of BRADY residential
2023
Rented
Undisclosed
Leased on 21 Nov 2023 by BRADY residential
2022
Rented
Undisclosed
Leased on 19 Jan 2022 by BRADY residential

Happy sellers in Melbourne

82%
82% 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 2 bedroom apartments in Melbourne

In the last 12 months, 815 two-bedroom apartments similar to 2301/5 Sutherland St, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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