1008/38 Rose Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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1008/38 Rose Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1491m2
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Last updated 16 Mar 2026
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Property Details for 1008/38 Rose Lane, Melbourne

1008/38 Rose Lane, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 1491m2.

Building Type
Unit
Year Built
2017
Land Size
1491m2
Local Government
Melbourne
Lot/Plan
1008/PS707779

Last Listing description (January 2026)

This highlighting two-bedroom, one-bathroom apartment up on the 10th floor in the exceptional architecturally designed and crafted The Fifth Apartment building, positioned right in the heart of everything.

Featuring open plan living/dining fitted with beautiful timber floors, two double bedrooms filled with bright natural lights, both with built-in robes, served by a stylish bathroom. Kitchen equipped with Technika appliances, gas cooktop, integrated oven and microwave, dishwasher, air conditioner. A washing machine is provided. High-end fixtures and fittings throughout this beautiful apartment.

Standing out with superior investor and market entrant appeal, additional features include a concealed laundry, split-system heating and cooling, double glazing, and roller blinds. The Fifth complex comes complete with a concierge service, secure intercom entry, and resort-style facilities including a swimming pool, spa, fully equipped gym, a function room, a landscaped rooftop garden, and lounge/dining/BBQ space. This one will not last long!

Positioned perfectly with restaurants and cafes at the doorstep, trams and train station, and flagstaff park all within minutes' walk, easy access to Victoria Market, RMIT and Melbourne University, state library, marvel stadium just to mention a few. A rare opportunity to own this flawless home whether you are to live in or to invest.

* Two bedrooms both with BIRs
* Open-plan living/dining
* Restaurants and cafes at the doorstep
* Minutes' walk to trams, Southern Cross Train Station, Flagstaff Park
* Short stroll to Marvel Stadium
* Easy access to RMIT and Melbourne University

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Property History for 1008/38 Rose Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$620/w
16 Jan 2023
  • 17 Oct 2025
    Listed for Sale Not Disclosed
  • 23 Apr 2025
    Listed for Sale Not Disclosed
  • 01 Apr 2025
    Listed for Rent $630 / 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 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 64,245 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 247 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2760 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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