Melbourne Median PriceThe House price is 1% higher than last year. Surrounding suburbsAlbert Park | $2,267,600 ![](/img/down.gif) | Carlton | $1,396,000 ![](/img/down.gif) | Cremorne | $1,323,300 ![](/img/down.gif) | Docklands | $1,487,200 ![](/img/up.gif) | East Melbourne | $3,052,500 ![](/img/up.gif) | North Melbourne | $1,326,300 ![](/img/down.gif) | Parkville | $1,881,400 ![](/img/up.gif) | Prahran | $1,627,600 ![](/img/down.gif) | Richmond | $1,454,900 ![](/img/up.gif) | South Melbourne | $1,638,200 ![](/img/down.gif) | South Yarra | $1,883,300 ![](/img/up.gif) | Southbank | $946,700 ![](/img/white.gif) | St Kilda | $1,605,200 ![](/img/down.gif) | West Melbourne | $1,376,000 ![](/img/down.gif) | Windsor | $1,461,700 ![](/img/down.gif) |
| Floorplan | Map | Nearby prices | Property Description: | Amazing return of 6.5% from a normal residential 2 bedroom apartment !!! This property lends itself to both investors and owner occupiers. With an amazing return of $1907 pcm and low outgoings this is surely an ideal investment. This lovely apartment is generating a gross 6.5% return on your investment. Please note this is not student only accommodation or a hotel suite. We also have a depreciation schedule available. Perfectly located opposite the Queen Victoria market, you'll feel right at home in this one-bed plus study apartment safe and secure on the first floor. Within a stylish and high tech, environmentally sustainably building, it's also so close to the University of Melbourne and RMIT, plus is just a short stroll to the Flagstaff gardens, restaurants, gyms and Chinatown. Inside, the residence offers its own relaxing balcony through floor-to-ceiling stacker doors, which steps out to a bamboo, Japanese-inspired residents' garden, for the perfect respite from busy city life. Welcomed into a tiled entrance, the apartment is meticulously presented with a white and grey palette. The modern kitchen has a crisp stone bench, feature dark grey tiled splash back and stainless steel appliances, including a compact | Search neighbour's planning permit | Property report from Government |
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