1506/38 Rose Lane, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2017. The property has a land size of 1491m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
The Fifth is located right in the heart of everything that makes Melbourne the world's most liveable city.
$450 per week for the first three months,
$500 per week from the fourth month onwards for a 12-month lease
Positioned perfectly, with Southern Cross Station 500 m away and train, tram, and bus stop providing easy access to nearby Melbourne University, RMIT, and Victoria University. Located on the corner of Lonsdale Street and Rose Lane, Melbournes newest lane-way, it is within 1 km of all of Melbourne's major precincts and landmarks, offering a rich and extensive tapestry of entertainment, food, and fashion.
Boasting the best of indoor and outdoor urban design in the heart of the CBD, residents will enjoy the use of a pool, spa, gym, garden lounge, residents lounge with fireplace, and communal dining space with teppanyaki grills.
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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 64,246 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
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