Back 818/585 La Trobe Street
Off Market

818/585 La Trobe Street

Melbourne VIC 3000

1
1
1
0 m²
0 m²
Apartment
Last sold for $255,000
Jen Lin LauJen Lin Lau, last sold this property on 03 May 2024 after 44 days on market.

Overview

Affordable High-Return Investment in Prime Position

Situated on the 8th floor of the popular Harbour Views complex, this neatly presented 1 bedroom (plus car parking) apartment delivers low maintenance and the promise of high returns with the best of the CBD on your doorstep. Take an easy stroll to Marvel Stadium, universities, Flagstaff Gardens, Queen Victoria Market, the Victoria Harbour precinct, a world of public transport choice and so much more! Freshly painted with brand-new flooring and blinds, a compact living and dining area is underscored by a streamlined kitchen with a 4 burner Blanco electric cooktop plus space for a dishwasher. The mirror-robed bedroom enjoys plenty of natural light while a sparkling bathroom is graced with a walk-in shower and a wall-to-wall mirror. Step outside into the fresh air and take full advantage of your very own balcony running the full width of the apartment. Additional features include the rare addition of secure car parking, a concealed laundry, split-system heating and cooling, secure intercom entry, lift access, low owners corporation fees and private access to a fully equipped gym for residents. First homeowners will appreciate the value, astute investors can pocket the high returns, while those searching for an affordable short-stay opportunity will reap the rewards in a high-demand pocket of the CBD. Inspect today! Outgoings: Council Rates: $165.75 per quarter approx. Water Rates: $170.00 per quarter approx. Owners Corporation Fees: $972.00 per quarter approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
0 m² floor area
0 m² lot size
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 818/585 La Trobe Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
1%
increase 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 818/585 La Trobe Street

2024
Sold
$255,000
Auction Sale on 03 May 2024 by Jen Lin Lau, of MICM

Happy sellers in Melbourne

83%
83% 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 130 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 608 one-bedroom apartments similar to 818/585 La Trobe Street, have been sold.

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

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