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Back 2407/5 Sutherland Street
Off Market

2407/5 Sutherland Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $325,000
Tom PriorTom Prior, last sold this property on 09 April 2026 after 16 days on market.

Overview

Unique Floorplan, Turnkey Living – Fully Equipped & Ready to Go

Positioned high on the 24th floor of the sought-after Melbourne Sky complex, Apartment 2407 presents a rare turnkey opportunity in the heart of the CBD-offered fully furnished with all the extras, ready to move straight in or continue operating as a successful Airbnb. Designed with a true 1-of-1 layout, this apartment boasts significantly more internal space than standard one-bedroom floorplans in the building, setting it apart as a premium offering for both owner-occupiers and investors alike. Currently utilised as a high-performing short-stay rental, the property also offers strong long-term investment appeal with an estimated rental return of approximately $550 per week, complemented by low ongoing outgoings-maximising your net return. Inside, the apartment showcases a spacious, light-filled open-plan living and dining area framed by floor-to-ceiling glass, capturing stunning northern light and city views. The sleek kitchen is finished with stone benchtops, premium Miele appliances, a 4-burner gas cooktop, and ample storage, perfectly suited for both everyday living and guest stays. The generously sized bedroom includes mirrored built-in robes and split-system heating and cooling, while the stylish bathroom features floor-to-ceiling tiling, a stone vanity, mirrored cabinetry, and a cleverly concealed laundry. Additional features include double-glazed tinted windows, roller blinds, recessed lighting, secure video intercom entry, and a private balcony ideal for relaxing above the city. Residents of Melbourne Sky enjoy access to premium resort-style amenities, including a heated indoor pool, spa, sauna, and fully equipped gym. Perfectly positioned within Melbourne's vibrant CBD, you're just moments from Melbourne Central, QV, Hardware Lane, RMIT University, Queen Victoria Market, Flagstaff Gardens, and the Free Tram Zone-placing the very best of the city right at your doorstep. A rare combination of space, style, and investment flexibility, this is inner-city buying at its smartest.

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 2407/5 Sutherland Street is $345.27k.

Median value
$345.27k
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 2407/5 Sutherland Street

2026
Sold
$325,000
09 Apr 2026 by Tom Prior, of 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 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 580 one-bedroom apartments similar to 2407/5 Sutherland Street, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Philip Middlemiss

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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

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