OFF MARKET

1011/555 Flinders Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 60m2
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Last updated 11 Nov 2024
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Property Details for 1011/555 Flinders St, Melbourne

1011/555 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 60m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2009
Floor Size
53m2
Land Size
60m2
Local Government
Melbourne
Lot/Plan
1011/PS549363

Last Listing description (December 2023)

This fabulous north-facing unit which overlooks iconic Flinders Street through towering panels of floor-to-ceiling glass is the next home for any owner occupier looking to break into the market, or perfect fit for an investor with an estimated 7.8% rental yield. Venture downstairs and the central address offers unrivalled convenience. Stroll to Yarra River parkland, lively laneway cafes, Southern Cross trains, free city trams, outlet shopping and Marvel Stadium before crossing the river for Crown entertainment and the parade of popular restaurants lining the famous Yarra river.

Owning a prime position on the 10th floor of the highly prized Northbank Place complex, discover a welcoming entrance hallway leading to roomy open-plan living and dining underpinned by a stone-finished kitchen showcasing stainless-steel appliances including a Fisher and Paykel dishwasher. The northerly aspect is one to adore, situated high over Flinders Street and taking in neighbouring heritage buildings and the stunning city skyline. A generously sized and naturally lit bedroom boasts mirrored built-in robes, while a deluxe bathroom is fitted with a fully tiled shower and laundry capability including a sink.

Contact Alexander for an inspection today!

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Property History for 1011/555 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$275,000
19 May 2023
  • 07 Jun 2023
    Listed for Sale Not Disclosed
  • 19 May 2023
    Sold for $275,000
  • 19 Apr 2023
    Listed for Sale $250,000 to $275,000
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,844 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 351 properties listed for sale, and 299 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2141 properties were sold in the past 12 months in Melbourne.

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