2301/350 William Street, Melbourne VIC 3000
2301/350 William Street, Melbourne VIC 3000
2 bed 2 bath on level 23 | 67 m² in Art on the Park | Fully furnished with recent flooring | Park-edge location in central Melbourne
This apartment is competitively positioned as a well-finished, fully furnished two-bedroom unit in a high-rise tower directly across from Flagstaff Gardens. The two-bathroom configuration is a genuine advantage over much of the city’s two-bedroom stock, and the 67 m² internal area, while compact, is paired with a gourmet kitchen and new flooring that lift the interior beyond the typical investor-grade finish. It serves best an owner-occupier who values walkability to the Queen Victoria Market, universities, and transport, or an investor seeking strong rental demand from city workers and students.
The level 23 position may affect value through its outlook and noise exposure, though the specific aspect is unconfirmed. The 2013 sale price of $695,000 suggests a significant market correction or data inconsistency, so the current estimated value of $550,000 should be treated as indicative rather than precise. The absence of a confirmed build year and the building’s age may factor into long-term maintenance costs and strata fees. A buyer should weigh these against the location’s enduring rental depth and the unit’s upgraded condition when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 2301/350 William Street, Melbourne VIC 3000
Market Insight:
Melbourne’s core is defined by its unparalleled lifestyle proximity and tightening supply, attracting a broad buyer pool of owner-occupiers, downsizers, and investors. Sustained demand is driven by urban renewal, low vacancy rates, and robust sales activity, supporting solid price growth. Future prospects are underpinned by scarcity and gentrification, though affordability pressures and an easing of supply tightness present emerging headwinds for the market’s resilience.