SOLD
Sold on 10 Aug 2024 for $265,500

805/408 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Land area: 1888m2
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Property Details for 805/408 Lonsdale St, Melbourne

805/408 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1973. The property has a land size of 1888m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
43m2
Land Size
1888m2
Local Government
Melbourne
Lot/Plan
805/PS413542

Last Listing description (April 2022)

This light filled 1 bedroom studio apartment in the heart of Melbourne's CBD would suit a young professional or an astute investor. Currently tenanted till April 2022.

It offers a bathroom with double size shower, kitchen with stainless steel upright cooktop and oven and plenty of storage, a huge double linen closet and generous living space.


Located within walking distance to Flagstaff Station, a bus stop out the front of 408 and close to all the eateries and entertainment that Melbourne offers. You also have the Melbourne Central shopping precinct around the corner and relax with fiends and a picnic at the Flagstaff Gardens.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for the copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 805/408 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$265,500
10 Aug 2024
  • 10 Aug 2024
    Sold for $265,500
  • 06 Dec 2021
    Listed for Sale $248,900
  • 28 Nov 2016
    Sold for $247,500
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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, 2079 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.