SOLD
Sold on 13 Mar 2024 for $185,000

502/500 Flinders Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 493m2
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Property Details for 502/500 Flinders St, Melbourne

502/500 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 493m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
58m2
Land Size
493m2
Local Government
Melbourne
Lot/Plan
502/RP5395

Last Listing description (April 2023)

Conveniently situated in the heart of the CBD, this immaculately presented & fully refurbished studio apartment offers all the qualities of a stylish city pad without compromising on space. Presenting a truly fantastic opportunity for first home buyers seeking entry-level living or a suave addition to any savvy investor's portfolio.
Offering open plan living with plenty of natural light from the window, Queen size bed for extra comfort and plenty of storage space in the kitchen and bedroom. Access is available to the roof top recreation area with seating and BBQ and magnificent views of the Yarra River and Southbank.
The brilliant central location is second to none, enjoying the convenience of trams right at your doorstep & both Flinders Street and Southern Cross Stations just a short walk away. Located in close proximity to the world-famous Crown Casino Entertainment Complex filled with world-class restaurants, buzzing bars & fashionable boutiques, as well as DFO & South Wharf shopping Centres both in walking distance. this apartment encompasses all the aspects of sophisticated city-living at its best.

To arrange a private inspection please contact Annamaria on 0481 602 108

Property History for 502/500 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$185,000
13 Mar 2024
  • 13 Mar 2024
    Sold for $185,000
  • 13 Oct 2021
    Listed for Sale $200,000-$210,000
  • 26 Nov 2009
    Sold for $165,000
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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 61,354 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.