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Sold on 10 Nov 2023 for $545,000

216/538 Little Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 216/538 Little Lonsdale St, Melbourne

216/538 Little Lonsdale St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
216/PS416548

Last Listing description (November 2023)

This corner two-bedroom apartment offers a light flooded visual treat with views spanning the city to Docklands.
Offering two well sized bedrooms with a secure carpark on title, this home offers unrivalled value for astute home buyers.

The open-plan living and dining area opens out to a spacious balcony. Bathed in natural light, the space creates a warm and inviting space for relaxation or entertaining. The well-appointed kitchen boasts a sizeable island bench that will impress those seeking culinary endeavours.

Both bedrooms are spacious and replete with plentiful natural light.
The large central bathroom is complete with a bathtub and shower. The Euro laundry, cleverly concealed, adds to the apartment's functional design.

Located in a complex that is consistently sought-after, residents have access to a fully equipped gymnasium and sauna.
The prime location means Flagstaff Gardens, Queen Victoria Market and train station are just a short walk away. Plus, with Spencer Outlet Centre, supermarkets, bars, restaurants, and free trams nearby, everything you need is right at your doorstep.

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Property History for 216/538 Little Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$545,000
10 Nov 2023
Listed for Rent
$550/w
13 Nov 2018
  • 10 Nov 2023
    Sold for $545,000
  • 04 Oct 2023
    Listed for Sale Not Disclosed
  • 07 Nov 2018
    Listed for Rent $550 / 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 61,329 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 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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