OFF MARKET

1201/408 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 46m2
Land area: 1037m2
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Property Details for 1201/408 Lonsdale St, Melbourne

1201/408 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1973. The property has a land size of 1037m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1973
Floor Size
46m2
Land Size
1037m2
Local Government
Melbourne
Lot/Plan
1201/PS413542

Last Listing description (January 2023)

Perfectly positioned for lifestyle, convenience and walkability, this ultra-stylish large studio apartment is exceptionally located in the heart of the city. Simply stroll to the financial and legal precincts, Melbourne Central, Emporium shopping, Queen Victoria Market, Chinatown, and a wide range of transport and higher educational choices. This a rare opportunity to enter the market with confidence, invest wisely, or purchase your very own affordable lock-and-leave city base. Move quickly as this one will prove popular!

Providing a real sense of occasion, a magnificently marbled foyer sets the scene from the very first step inside the building. Once inside this 12th floor apartment, discover a space-efficient layout with a free-flowing open-plan living and dining area. Enjoying a soaring variable ceiling height and a warehouse conversion feel.

Additional features include sleek timber floorboards and an openable window, lift access, and secure intercom entry. Immaculately presented and showcasing easy living in the heart of the city, do not let this opportunity pass you by!

AUCTION REGISTRATION
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If you have an interest in bidding at the auction for a property, please complete your name and address below and provide the auctioneer with satisfactory identification.

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Property History for 1201/408 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$271,000
11 Dec 2022
Listed for Rent
$200/w
07 Oct 2021
  • 11 Dec 2022
    Sold for $271,000
  • 21 Nov 2022
    Listed for Sale $220,000 - $240,000
  • 01 Oct 2021
    Listed for Rent $200 / week
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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 61,353 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 261 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2070 properties were sold in the past 12 months in Melbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.