614/408 Lonsdale StreetMelbourne VIC 3000
Property Details for 614/408 Lonsdale St, Melbourne
614/408 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit. The property has a floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (July 2024)
**THIS PROPERTY NOT ONLY OBTAINED A TOP PRICE, BUT WAS SOLD USING OUR NO UPFRONT COSTS TO OUR OWNERS. TO FIND OUT MORE, PLEASE CONTACT SEAN CHO ON 0435 944 942**
Conveniently situated for lifestyle and walkability, this stylish, spacious studio apartment enjoys an ideal location in the heart of the city. Residents can easily walk to the financial and legal districts, Melbourne Central, Emporium shopping, Queen Victoria Market, Chinatown, as well as various transportation options and educational institutions.
Creating a grand sense of arrival, the foyer boasts magnificent marble, setting the tone from the moment you enter the building. Step into this 6th floor apartment to find a well-designed layout featuring an open-plan living and dining area that maximizes space efficiency. With its impressive variable ceiling height. This residence offers a unique and inviting atmosphere.
This presents a unique opportunity to confidently enter the market, make a savvy investment, or acquire an affordable city retreat. Act swiftly, as this property is expected to attract significant interest!
DO NOT miss an opportunity like this! Get in touch now!
Sean Cho: 0435 944 942
Property History for 614/408 Lonsdale St, Melbourne, VIC 3000
- 04 Jul 2024Sold for $225,000
- 20 Jun 2024Listed for Sale $225,000
- 25 Aug 2023Listed for Rent $400 / 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 61,317 properties. Over the last 5 years, Houses in Melbourne have seen a 39.04% increase in median value, while Units have seen a -0.03% decrease. As at 31 July 2024:
- The median value for Houses in Melbourne is $1,620,620 while the median value for Units is $451,754.
- Houses have a median rent of $600 while Units have a median rent of $640.
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