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Location

Market Insights for Melbourne VIC 3000

New Listings (last 30 days)

100

Average price

$676,835

Lowest price

$170,000

Highest price

$8,000,000

1104/8 Sutherland Street, Melbourne VIC 3000

$450,000-$468,000

Search Band Search Visibility Band

$450k - $473k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 2 Baths

Listed: 29 days ago

Updated: 7 hours ago

Overview

Located in the vibrant heart of Melbourne’s CBD, this well-appointed two-bedroom, two-bathroom apartment in the Melbourne Star development offers both comfortable living and strong investment potential. The thoughtful layout features spacious open-plan living and dining areas seamlessly connected to a modern kitchen equipped with stone benchtops, quality appliances, and practical storage solutions including a walk-in pantry, which is a notable convenience often absent in city dwellings.

Both bedrooms are generously sized and fitted with built-in wardrobes, with the main suite benefiting from a private ensuite, while a sleek central bathroom serves the second bedroom and living spaces. Quality finishes throughout and secure intercom entry enhance the appeal and functionality of the home.

Its central location ensures unparalleled access to key amenities such as Melbourne Central, QV, RMIT University, and Queen Victoria Market, along with an abundant selection of supermarkets, cafes, restaurants, and renowned laneway dining options. Commuters will appreciate ease of transport with Melbourne Central Station and multiple tram routes nearby.

This property is particularly attractive to investors given the demand for quality rental accommodation in the central Melbourne market, supported by its desirable features and location. It is equally suitable for owner-occupiers who value a low-maintenance city residence with excellent connectivity and lifestyle options.

Overall, it presents a smart opportunity to secure a practical and stylish city dwelling with broad appeal and promising long-term value.

Local Market Insights

In Melbourne, Quiet Listings observed 100 new apartments entering the market over the last 30 days, up from 63 during the previous 30-day period, with an average advertised asking price of $676,835. The property type mix of listed properties is predominantly Apartments at 68%, followed by commercial properties (28%), and units (3%). The most active agency for apartments in the Melbourne area is currently Dingle Partners, representing 13% of new listings, followed by Melbournian Property Group with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.