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301/60 Market Street, Melbourne$238,800
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Soldapartment

301/60 Market Street

Melbourne, VIC 3000, Australia
$238,800
1 bed 1 bath

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About this property

Not for owner Occupation as long as under a lease The 'set and forget' investment properties within the 4.5 Star Oaks on Market Street, has an incredibly secure lease , and a fabulous current rental return of approx. $19,000 per annum. The apartment itself open plan living /dining area, separate fully equipped granite kitchenette which has sufficient natural light from the floor to ceiling windows. Coming fully furnished with sofas, dining table & matching chairs, coffee table and flat screen TV, well-appointed large bathroom, central heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated lap pool, sauna, spa, and function room. Nearby trams enable guests to access all the fantastic local cafes, shops, restaurants, and bars that the CBD has to offer, while other attractions within close proximity include Crown Entertainment Complex, Southbank eateries, Rialto Towers, Docklands precinct, Southern Cross Station

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,158/month
$579 /fortnight
Loan $191,040 at 6.10% over 30 years

Upfront costs

Deposit$47,760
Stamp duty$9,398
Conveyancing (est.)$2,000
Total upfront$59,158
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 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 49% below the $472,500 median of 72 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

  • Southgate Landing - Berth 1 (ferry)476 m away
  • Rapha719 m away
  • Market Street Park49 m away
  • Unnamed569 m away
  • Unnamed631 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 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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