406/9 Degraves Street, Melbourne VIC 3000

1 beds 1 baths 0 cars

Spachus Insights

View Melbourne market
Price position Below suburb median

15.2% below the current suburb median listing price.

Buyer negotiation signal Buyer negotiation

The suburb median sold price is $30,000 below the median listing price.

Selling pace Slower than typical

41 days typical · Property listed 93 days (127% longer).

Property details

Heart of Degraves Mutual Building - Circa 1910-1938

- Former Mutual Store Emporium now your new home
1Bedrooms 1Bathrooms 0Car spaces ApartmentProperty type

Melbourne market

Full suburb report
Median listing$500,000
Median sold$470,000
Typical selling time41 days
Tracked sold properties672
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Spachus Property Estimate $355,000 Automated estimate based on available property and market data. Not a formal valuation.
Asking vs estimate +$69,000 19.4% above the Spachus estimate

Property Overview

406/9 Degraves Street, Melbourne VIC 3000 is an apartment. It has 1 bedroom, 1 bathroom. It is currently listed at $424,000. It has been on the market for 93 days. In Melbourne, the median listing price is $500,000 and the median sold price is $470,000. Its current asking price is $76,000 (15.2%) below the Melbourne median listing price. Properties in Melbourne typically sell in around 41 days based on Spachus tracked sales data. It has currently been on the market 52 days longer than the Melbourne typical selling time.

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Property history

Previous sales

OCT 2021
$380k PRIVATE TREATY
OCT 2016
$380k PRIVATE TREATY
FEB 2003
$299k PRIVATE TREATY
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