109/441 Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
FOR SALE

109/441 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 832m2
This property is currently on the market
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Property Details for 109/441 Lonsdale St, Melbourne

109/441 Lonsdale St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1924. The property has a land size of 832m2 and floor size of 40m2.This Property is currently listed for sale with Galldon Real Estate

Building Type
Unit
Year Built
1924
Floor Size
40m2
Land Size
832m2
Local Government
Melbourne
Lot/Plan
21/PS503462

Last Listing description (April 2026)

This securely leased investment is set within a distinctive heritage conversion in the heart of Melbournes legal precinct.
Originally a textile warehouse from the early 1900s, the buildings impressive faade and architectural character remain a defining feature.

This two-bedroom apartment showcases classic living with soaring high ceilings, expansive steel-framed windows and hardwood floors.

The detailing reflects the buildings heritage, while modern updates provide contemporary comfort.

Perfectly positioned moments from the courts, universities, Queen Victoria Market, cafs, boutiques and public transport, the location offers exceptional CBD convenience.

Key Features:

Exceptionally priced
Securely leased at $25,800 pa
Up to 8.3% yield
Flexible floorplan allowing potential to enlarge living areas
Soaring high ceilings and large steel-framed windows
Well-sized bedrooms, generous open-plan living and dining area
Modern kitchen with electric stove tops and oven
Hardwood floorings in living areas
Secure intercom entry
Low density building with approx. 62 apartments
Prime CBD location near courts, universities and Queen Victoria Market

An ideal opportunity for astute investors seeking strong returns or owner occupiers wanting a unique city residence.

**
Furniture are for illustrative purposes only **

Property History for 109/441 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$210,000
18 Aug 2007
Listed for Rent
$485/w
19 Dec 2024
  • 07 Apr 2026
    Listed for Sale $310,000 - $335,000
  • 06 Dec 2024
    Listed for Rent $485 / week
  • 23 Oct 2023
    Listed for Rent $475 / 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 64,264 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 274 properties listed for sale, and 163 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2684 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.