1217/408 Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1217/408 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 19 Jan 2026
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Property Details for 1217/408 Lonsdale St, Melbourne

1217/408 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. While the property is not currently for sale or for rent, it was last sold in May 2002.

Building Type
Unit
Year Built
1973
Local Government
Melbourne
Lot/Plan
1217/PS413542

Last Listing description (November 2018)

Perfect Taste of City Living in the Heart of the CBD.

Located in the very heart of Melbourne, within close proximity to Bourke Street Mall, the iconic Melbourne hot spot Hardware Lane Precinct , and just a short stroll to Queen Victoria Market, R.M.I.T, Melbourne University, QV, Emporium, Flagstaff Gardens, Taylor's College, China Town and much, much more! With so many boutique Restaurants, Caf s and shops, shows what a multicultural city Melbourne really is.
A range of excellent apartments are available now on Lonsdale Street located in the heart of the Melbourne C.B.D. between Queen and Elizabeth Streets, with bus services at your front door and well within the free tram zone, and walking distance to everything the most livable city has to offer, Melbourne of course.
Each apartment boasts open plan living, with a fully functional kitchen including electric stove/oven, and all the basic furniture you need to make yourself at home.

Accepting offers for 6 or 12 month lease as well.

Property History for 1217/408 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$161,500
24 May 2002
  • 07 Nov 2018
    Listed for Rent $405.00
  • 12 Oct 2018
    Listed for Rent $399.00 per 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 64,279 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 248 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2744 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.