OFF MARKET

3006/639 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 75m2
Land area: 70m2
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Last updated 16 Sep 2024
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Property Details for 3006/639 Lonsdale St, Melbourne

3006/639 Lonsdale St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a land size of 70m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2014
Floor Size
75m2
Land Size
70m2
Local Government
Melbourne
Lot/Plan
3006L/PS633275

Last Listing description (April 2023)

Upper West Side, Tower 2 Madison, 639 Lonsdale Street, Melbourne VIC 3000.

Comfortable, convenient and affordable in the middle of CBD.

Level 30, Unit 3006, 2 bedrooms 2 bathrooms, Internal area: 70sqm, Balcony area: 8sqm.

Aspect: North West

Outgoings:
- Body corp: $5,500 to $5,600 p.a.
- Council Rate: $900 p.a.
- Water Rate: $598 p.a.

Condition:
- As-is
- Subject to any tenancy.

Investment highlights:-
1. Location
2. High quality
3. The Lifestyle
4. Low maintenance
5. Retail precinct of the Upper West Side

Residents amenities:
- Hotel-style lobby and conceirge
- Exclusive access to the amenities at Tower 1 & 3: a near acre of podium rooftop gardens, outdoor lounge areas, communal kitchen and barbecue facilities, rock climbing facilities, 25m indoor lap pool and sauna, gymnasium, bocce fields, function room and study areas.

Transportation:
- Free tram zone
- 2 min walk to Southern Cross Station

About the project:
- Developer: Far East Consortium
- Completion date: 2014
- Total Level: 48
- Number of Residences: 584
- 5 star Green Star accrediation

*Note: Please refer to our online video clip and virtual tour due to the current Covid-19 and tenanted. Only buyer has submitted offer are allowed to have private 1 to 1 private inspection.

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Property History for 3006/639 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$505,000
29 Dec 2022
Listed for Rent
$500/w
13 Jan 2022
  • 11 Apr 2023
    Listed for Sale Contact agent
  • 29 Dec 2022
    Sold for $505,000
  • 04 May 2021
    Listed for Rent $480 / 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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