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Sold on 13 Aug 2024 - Price Unavailable

413/551 Flinders Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 413/551 Flinders Lane, Melbourne

413/551 Flinders Lane, Melbourne is a 2 bedroom, 2 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
413/PS414504

Last Listing description (August 2024)

This Classic looking low rise 8 level building on leafy Flinders Lane offers a quality two bedroom, two bathroom city apartment

This recently updated apartment boast a large U-Shaped kitchen with new stainless steel appliances and ample storage which flows to your seperate meals and living area. Both of the double sized bedrooms have built in robes, both with recently installed carpet and master with private ensuite. Stone bench tops and walk-in showers to both bathrooms. New quality timber floors from entry hall to living area that enjoys good natural light from the west facing windows overlooking quiet Downie Street. Double glazing to all windows. Euro laundry within apartment and the Recreational facilities include gymnasium and swim spa and sauna.

Located next door to the new Hyatt Centric 5 Star Hotel, with numerous cafes and eateries close by including the Grand Central Hotel. The Melbourne Aquarium is just around the corner and a short stroll over to Crown Casino and Yarra Waterfront Restaurants and cafes. Public transport moments away.

A perfect city home or great value investment.

Property History for 413/551 Flinders Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
13 Aug 2024
Listed for Rent
$455/w
29 May 2014
  • 31 Jul 2024
    Sold for $390,000
  • 14 May 2024
    Listed for Sale $400,000 - $440,000
  • 08 Apr 2014
    Listed for Rent - Price not available
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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 61,324 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 295 properties listed for sale, and 264 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2058 properties were sold in the past 12 months in Melbourne.

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Kerrera Pidcock
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Ray White Southbank | Port Phillip
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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.