Home/Properties/Melbourne/2121/199 William Street
2121/199 William Street, Melbourne$565,000
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2121/199 William Street

Melbourne, VIC 3000, Australia
$550,000 – $580,000
2 bed 1 bath 1 car

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Listing description

About this property

Positioned on Level 21 of the highly regarded "The William" building, this well-appointed two-bedroom apartment offers contemporary CBD living with generous proportions and excellent indoor-outdoor connection. Timber flooring and high ceilings enhance the light-filled open-plan living and dining area, complemented by a well-appointed kitchen with stone benchtops, glass splashback, stainless steel appliances and ample storage space, offering both functionality and a clean modern finish. Floor-to-ceiling glazing draws in natural light and allows the living space to flow seamlessly to a generously sized L-shaped balcony, providing flexible outdoor space and elevated views across the city skyline. Both bedrooms are well proportioned and fitted with built-in robes, serviced by a modern bathroom and a discreet Euro-laundry. Additional features include split system heating and cooling, secure intercom entry, a secure car space. Residents of The William enjoy access to a range of well-maintained communal facilities including an outdoor lap pool with sun deck, fully equipped gymnasium, rooftop terrace, BBQ and multiple resident lounge areas suitable for relaxation or working from home. Conveniently positioned within Melbourne's free tram zone and moments from Queen Victoria Market, Flagstaff Gardens, Melbourne Central, Emporium, universities and a wide selection of cafes and restaurants, this apartment presents an excellent opportunity for owner-occupiers and investors seeking lifestyle, location and long-term appeal. Don't miss out on this rare opportunity to secure one of Melbourne's most coveted addresses. Contact David today to arrange an inspection. Disclaimer: The photos and floor plans provided are for reference purposes only. Buyers should conduct their own due diligence and verify all information before making a purchase decision.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,739/month
$1,370 /fortnight
Loan $452,000 at 6.10% over 30 years

Upfront costs

Deposit$113,000
Stamp duty$28,970
Conveyancing (est.)$2,000
Total upfront$143,970
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 2-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 20% above the $470,000 median of 73 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Lonsdale Street/Queen Street (bus)283 m away
  • Rapha402 m away
  • Unnamed170 m away
  • Unnamed194 m away
  • Angliss Rain Garden444 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Melbourne's inner-western corridor is experiencing significant development activity driven by the Metro Tunnel project, major urban renewal at Fishermens Bend, and widespread medium-density residential approvals across suburbs like Footscray and Maribyrnong. Transit-oriented development and housing intensification are reshaping the area, supported by infrastructure upgrades and precinct planning initiatives that will substantially increase population and commercial activity through 2027-2030.

Nearby projects

6

Closest

0 km

Melbourne Metro Tunnel Project

2.5km5km7.5km10kmMelbourne Metro Tunnel Project — 0.0 kmCarlton and Docklands High-Density Residential — 2.0 kmFishermens Bend Urban Renewal Precinct — 3.0 kmWestern Ring Road and Local Intersection Upgrades — 4.0 kmFootscray Learning Precinct Expansion — 5.0 kmSuburban Apartment and Townhouse DAs — 8.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Melbourne Metro Tunnel Project

0 km
InfrastructureUnder construction

Major underground railway project connecting CBD stations and extending to outer suburbs, transforming public transport capacity across Melbourne.

2025

0 m

Carlton and Docklands High-Density Residential

2 km
Apartment buildingApproved

Multiple medium-to-high rise residential towers approved in inner Melbourne precincts capitalising on transit-oriented development near new metro stations.

2.0 km

Fishermens Bend Urban Renewal Precinct

3 km
Mixed-useUnder construction

Large-scale urban renewal transforming industrial precinct into residential, commercial and mixed-use development with 6,000+ new homes planned.

2030

3.0 km

Western Ring Road and Local Intersection Upgrades

4 km
InfrastructureUnder construction

Targeted road and intersection improvements supporting increased traffic from inner-western development precincts.

4.0 km

Footscray Learning Precinct Expansion

5 km
Mixed-useProposed

Educational and commercial facilities expansion driving mixed-use development and improved walkability in western suburbs.

2027

5.0 km

Suburban Apartment and Townhouse DAs

8 km
Residential subdivisionUnder construction

Multiple approved medium-density residential developments in outer suburbs including Footscray, Maribyrnong and Sunshine responding to housing demand.

2025-2026

8.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 2 bed

Compound growth -2.4% / yr over 4 yrs

$633kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Melbourne market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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