51 Londsdale Street Melbourne VIC 3000
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Prime CBD Retail Investment | 160sqm | Secure 5+5+5 Year Lease*
Property Details for 51 Londsdale St, Melbourne
About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 64,803 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:
- The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
- Houses have a median rent of $713 while Units have a median rent of $680.
Suburb Insights for Melbourne 3000
Market Insights
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