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Location

Market Insights for Melbourne VIC 3000

New Listings (last 30 days)

Average price

$722,853

Lowest price

$170,000

Highest price

$8,000,000

4603/483 Swanston Street, Melbourne VIC 3000

$490,000 - $510,000

Search Band

$490k - $515k Transparent Based on an openly advertised listing price.

Apartment 2 beds 1 bath 1 car

Listed: 14 days ago

Updated: 2 hours ago

Overview

Set high on the 46th floor within the sought-after Verve complex, this two-bedroom apartment promises a sophisticated urban lifestyle complemented by sweeping views over Melbourne’s Queen Victoria Market.

The residence offers a bright, open-plan living and dining area that benefits from abundant natural light and flows seamlessly to a private balcony, creating an inviting environment for relaxation or entertaining against the vibrant backdrop of the city skyline.

The contemporary kitchen features stone benchtops, stainless steel appliances, and a breakfast bar, combining style with functionality to support daily living and casual dining.

Both bedrooms provide generous space, with the main bedroom including a built-in robe, ensuring practical storage solutions. A sleek central bathroom and convenient European laundry complete this low-maintenance apartment, designed with modern urban living in mind.

Residents enjoy access to an impressive suite of resort-style amenities including 24-hour on-site management, indoor heated swimming pool, fully equipped gym, spa, tennis court, private cinema, residents' lounge and kitchen as well as communal BBQ and entertaining areas.

Positioned at the northern edge of Melbourne's CBD, this apartment offers unparalleled proximity to key institutions like RMIT University and the University of Melbourne, retail hubs including Melbourne Central, and the convenience of the city’s Free Tram Zone, making it an excellent opportunity for professionals, investors, or those seeking a vibrant city address.

Local Market Insights

In Melbourne, Quiet Listings observed 92 new apartments entering the market over the last 30 days, up from 68 during the previous 30-day period, with an average advertised asking price of $722,853. The property type mix of listed properties is predominantly Apartments at 74%, followed by commercial properties (24%), and units (2%). The most active agency for apartments in the Melbourne area is currently Dingle Partners, representing 14% of new listings, followed by Melbournian Property Group with 12%. 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.