1205/557-561 Little Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1205/557-561 Little Lonsdale Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 37m2
Land area: 574m2
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Property Details for 1205/557-561 Little Lonsdale St, Melbourne

1205/557-561 Little Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 574m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
Unit
Year Built
2014
Floor Size
37m2
Land Size
574m2
Local Government
Melbourne
Lot/Plan
1205/PS703908

Last Listing description (October 2023)

Welcome to a world of sophistication and convenience in the heart of Melbourne's vibrant city center. This stunning apartment at 2108/557 Little Lonsdale Street offers the epitome of modern urban living, and it could be your next dream home.

As you step into this contemporary abode, you'll be greeted by an abundance of natural light streaming through the large windows, creating an inviting and spacious atmosphere. The open-plan living and dining area seamlessly flows into a well-appointed kitchen, stone countertops, and ample storage space, making it a perfect space for culinary enthusiasts and entertainers alike.

This apartment boasts one generously sized bedroom with its own built-in robes and city views.

Situated in the heart of Melbourne, you'll have easy access to an array of dining, shopping, and entertainment options, as well as excellent public transport connections. The world-renowned Queen Victoria Market, Melbourne Central, and Flagstaff Gardens are just a stone's throw away.

Please note this apartment is for NRAS eligible tenants only.

N.R.A.S. = National Rental Affordability Scheme

This apartment must be rented in accordance with the NRAS Act and regulations and can only be rented to eligible tenants. If your household type is under the maximum household income and over $35k, then you may be eligible to rent an NRAS property.

Please see the table below for the maximum household incomes:

HOUSEHOLD TYPE
MAX HOUSEHOLD INCOME
1 Adult $58,905
2 Adults $81,441
3 Adults $103,977
4 Adults $126,513
Sole parent with 1 child $81,498
Sole parent with 2 Children $101,039
Couple with 1 child $100,982
Couple with 2 children $120,523
Couple with 3 children $140,064

Please ensure that when you apply for this property you provide a full twelve months' worth of income history including Bank Statements, Pay slips, Centrelink Statements, EOFY Notice of Assessments etc. Please note that incomplete applications will delay processing times so please ensure all documents are provided ASAP!

Please see the following link for further information on the scheme: http://housing.vic.gov.au/national-rental-affordability-scheme

Property History for 1205/557-561 Little Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$364,500
19 Sep 2012
Listed for Rent
$253/w
05 Oct 2023
  • 22 Sep 2023
    Listed for Rent $253 / week
  • 19 Sep 2012
    Sold for $364,500
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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 64,507 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:

  • The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
  • Houses have a median rent of $710 while Units have a median rent of $680.
There are currently 309 properties listed for sale, and 216 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2508 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.