14/487-497 Flinders Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

14/487-497 Flinders Lane
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 346m2
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Property Details for 14/487-497 Flinders Lane, Melbourne

14/487-497 Flinders Lane, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 346m2 and floor size of 44m2.

Building Type
Unit
Year Built
1988
Floor Size
44m2
Land Size
346m2
Local Government
Melbourne
Lot/Plan
14/SP37783

Last Listing description (August 2025)

*** Water and electricity usage are included in the rent ***

Experience the epitome of urban living in this stunning, fully furnished, partially renovated 1-bedroom apartment in the heart of Melbourne's bustling Central Business District (CBD).

Key Features:

1 Separate Bedroom, ample and elegantly designed with a comfortable queen-sized bed, plush bedding, and ample storage space.

Living Area, an open-concept layout with trendy furnishings and abundant natural light, creating a welcoming ambience.

The kitchen is fully equipped with modern appliances, including a fridge, stove, microwave, electric oven, and dishwasher. Perfect for culinary enthusiasts!

The bathroom is fully tiled and stylishly appointed, featuring a rejuvenating shower and premium fixtures.

Prime CBD location with easy access to public transportation, shopping, dining, entertainment, and cultural hotspots. Proximity to supermarkets, pharmacies, and other essential amenities for your daily needs. Walking distance to the Yarra River and Crown Casino, fitness centres, and recreational areas along the river for a healthy and active lifestyle.

Flexible lease terms are available.

For inquiries or to schedule a viewing, please get in touch with us!

Property History for 14/487-497 Flinders Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$500/w
29 Aug 2025
  • 12 Aug 2025
    Listed for Rent $500 / week
  • 09 Nov 2023
    Listed for Rent $460 / week
  • 13 Jul 2015
    Listed for Sale Offers over $220,000
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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 64,265 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 275 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2684 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.