2305/60 Market Street, Melbourne VIC 3000
2305/60 Market Street, Melbourne VIC 3000
Corner apartment on level 23 | North-west views across bay and city | Premium building amenities | Strong owner-occupier appeal
This apartment occupies a genuinely rare position in the Melbourne CBD market. The combination of a north-westerly corner on level 23, full-height glazing, and panoramic views across Port Phillip Bay and the city is not common in the typical CBD stock, which tends toward lower floors, smaller windows, and less orientation. The building adds a heated indoor pool, gym, and sauna, which lifts the amenity profile well above most central apartments. This property is best suited to professionals or downsizers who want secure, sophisticated city living with strong transport access, dining, and arts precincts at the doorstep. The timber floors, Smeg appliances, and integrated dishwasher point to a finish level that should hold appeal for owner-occupiers who value quality over pure investment metrics.
The estimated rental income of $730 per week against a $573,000 value suggests a gross yield near 6.6 percent, which is a solid return for a CBD apartment with this view and amenity set. However, the building’s completion year is not confirmed from available records, so buyers should verify the age and any associated body corporate costs or special levies that may affect holding expenses. The central bathroom and Euro-style laundry may feel compact to some, and the lack of private open space is a trade-off for the elevated outlook. The property’s value is likely supported by its corner position, car space, and building facilities, but buyers should weigh any upcoming development in the immediate area that could alter the view corridor or neighbourhood character.
Detailed Independent Property Report prepared by PropCred Analyst team for 2305/60 Market Street, Melbourne VIC 3000
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1009m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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