12/398 La Trobe Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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12/398 La Trobe Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
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Last updated 19 Jan 2026
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Property Details for 12/398 La Trobe St, Melbourne

12/398 La Trobe St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1929. The property has a floor size of 68m2.

Building Type
Unit
Year Built
1929
Floor Size
68m2
Local Government
Melbourne

Last Listing description (January 2024)

Expressions of interest closing Tuesday the 12th of December at 2 pm (unless sold prior)

Nestled within the Hudson on La Trobe circa 1929, this building was converted to 58 unique apartments in 1998 and has remained tightly held ever since.

Entertain effortlessly in the generously proportioned open-plan living and dining area, seamlessly extending onto a private 20m2 terrace, making it an ideal home for those who love to host friends and family. The well-designed kitchen boasts plenty of bench space and storage, with gas cooking and dishwasher. A functional bedroom with built-in mirrored robes is serviced by a central bathroom that includes the laundry.

Recently refreshed with brand new quality carpet and painted throughout, this is perfect for you or your tenant to move straight into and enjoy. Further attributes include a secure intercom, lift access, a car space, and a storage cage on title.

Conveniently located with the free tram on the doorstep, the delights of the Victoria Market just around the corner, and Melbourne Central and Emporium within minutes, this truly is a great pocket of the CBD.

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Property History for 12/398 La Trobe St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 23 Oct 2023
    Listed for Sale $490,000 - $520,000
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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 64,289 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 240 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2745 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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