104/551 Flinders Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

104/551 Flinders Lane
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 858m2
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Last updated 19 Jan 2026
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Property Details for 104/551 Flinders Lane, Melbourne

104/551 Flinders Lane, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 858m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2000
Floor Size
53m2
Land Size
858m2
Local Government
Melbourne
Lot/Plan
104/PS414504

Last Listing description (April 2022)

This cosy one bedroom apartment with a secure car parking space on title and fronting leafy Flinders Lane in the classic "Morgan Place' complex, a Georgian inspired boutique low rise 8 level building on the corner of Flinders Lane and Downie Street. The position is totally convenient with Southern Cross Station, Flinders Street & Spencer Street trams all close by plus cafes, shops, the Aquarium, Crown Casino, Southbank, Marvel Stadium and an abundance of city attractions all within easy reach.

Ideal for the owner occupier and ready to enjoy, the accommodation includes a secure intercom entry, open plan living - dining, including a well appointed kitchen area, Blanco stainless steel appliances, gas cook top, under bench oven, dishwasher. A generous size bedroom with built in robes and a central bathroom with stone bench tops, and a Euro style laundry with trough. Resident facilities include gym, swim spa and sauna.

An ideal entry level for first home buyers or investors.

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Property History for 104/551 Flinders Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$365,000
05 Apr 2022
  • 05 Apr 2022
    Sold for $365,000
  • 07 Feb 2022
    Listed for Sale $365,000
  • 04 Jul 2012
    Listed for Sale $359,000
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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 64,290 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 244 properties listed for sale, and 364 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2740 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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