708/500 Flinders StreetMelbourne VIC 3000
Property Details for 708/500 Flinders St, Melbourne
708/500 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.
Last Listing description (July 2024)
**THIS PROPERTY WAS SOLD USING OUR NO UPFRONT COSTS TO OUR OWNERS. TO FIND OUT MORE, PLEASE CONTACT SEAN CHO ON 0435 944 942**
Experience low-maintenance living in the heart of Melbourne with this stylish studio residence. Located on the 7th floor, it offers easy access to Flinders Street Station, a variety of restaurants, cafes, and shopping precincts.
This fully furnished studio offers an open living space with a functional kitchenette, a cozy sleeping area, and a well-sized bathroom. Additional features include a communal rooftop terrace perfect for entertaining, a secure entrance, and modernized interiors. Suitable for both owner occupier and investor with a high 10% ROI..!
DO NOT miss an opportunity like this! Get in touch now!
Sean Cho: 0435 944 942
Property History for 708/500 Flinders St, Melbourne, VIC 3000
- 22 Jul 2024Sold for $169,000
- 20 Jun 2024Listed for Sale $160,000-$176,000
- 21 Aug 2023Listed for Rent $315 / week
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0About 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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