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2807/38 Rose Lane, Melbourne$539,000
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For Saleapartment

2807/38 Rose Lane

Melbourne, VIC 3000, Australia
$539,000
2 bed 2 bath

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About this property

Soaring above the city on the 28th floor of the iconic Fifth building, this sun-drenched two-bedroom, two-bathroom apartment embodies the perfect dialogue between New York boldness and Melbourne elegance. From the moment you enter, the light-filled space impresses. Floor-to-ceiling glass showcases expansive city views, bringing the energy of Melbourne right into the living space. Inside, the contemporary kitchen is beautifully appointed, offering both elegance and practicality for everyday living. Designed for modern living, the generous floorplan features rich timber flooring throughout the living areas, while carpeted bedrooms provide a quiet retreat. A private ensuite serves the master bedroom, and spacious wardrobes are fitted in both rooms. The bathrooms are sleek and well-appointed, complemented by a separate European laundry for added convenience. Residents of The Fifth enjoy a full-size indoor pool, spa, sauna, and steam room, along with a well-equipped gymnasium. A landscaped rooftop garden offers city views, while communal lounge and dining areas, plus BBQ facilities, provide ideal spaces for entertaining. Currently leased at $800 per week. * Some images have been virtually staged.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Listed
3 weeks ago

Repayment calculator

$2,613/month
$1,307 /fortnight
Loan $431,200 at 6.10% over 30 years

Upfront costs

Deposit$107,800
Stamp duty$27,410
Conveyancing (est.)$2,000
Total upfront$137,210
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 8% above the $500,000 median of 80 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

  • Stop 3: Flagstaff Station (tram)433 m away
  • EzyMart631 m away
  • Unnamed129 m away
  • Unnamed142 m away
  • Angliss Rain Garden218 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.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 2 bed

Compound growth -2.4% / yr over 4 yrs

$633kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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