Back 40/78 Queens Road
Off Market

40/78 Queens Road

Melbourne VIC 3000

2
1
1
Apartment
Rhys KarabasisRhys Karabasis, last sold this property on 08 April 2026 after 13 days on market.

Overview

'Elizabeth Court': Top Floor with a Garage

Directly opposite the iconic expanses of Albert Park Lake, in what is arguably Melbourne's preeminent lifestyle locale, this well presented and charming, 'Elizabeth Court' apartment is a superb, 1930-constructed classic with the extraordinary prize of its own lock-up garage. Rising above its thriving urban surrounds, this is a third floor / top floor apartment with two bedrooms and an alcove study to tick all the boxes for new market entrants who are on the hunt for a rare lifestyle offering that is genuinely appealing. Open-plan living is anchored by a well-designed kitchen with stainless steel appliances and breakfast bar seating, whilst each of the bedrooms has been freshly carpeted the primary bedroom with walk-in robes. Further highlights of this unique apartment include a clever study nook with a built-in desk and shelving all concealed by sliding doors, as well as an updated bathroom / laundry, split system heating and air conditioning, while the garage is conveniently accessed via Queens Lane. Simply step outside and you're opposite Albert Park Lake and just metres from the waterfront perfect for morning laps of the Lake, cold water plunging at St Kilda, sunset walks and a weekend reset plus you have endless local cafes, restaurants and bars at Chapel Street and Fitzroy Street, while a quick tram ride to Southbank or the CBD has you right in the heart of where Melbourne's sporting, artistic and entertainment worlds converge.

Features

2 bedrooms
1 bathroom
1 carspace
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 40/78 Queens Road is $545.46k.

Median value
$545.46k
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 40/78 Queens Road

2026
Sold
Undisclosed
Private Sale/Treaty on 08 Apr 2026 by Rhys Karabasis, of Marshall White - Stonnington

Happy sellers in Melbourne

80%
80% 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 135 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 817 two-bedroom apartments similar to 40/78 Queens Road, have been sold.

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

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