1702/560 Flinders Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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1702/560 Flinders Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 266m2
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Last updated 5 Jan 2026
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Property Details for 1702/560 Flinders St, Melbourne

1702/560 Flinders St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 266m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2016
Floor Size
54m2
Land Size
266m2
Local Government
Melbourne
Lot/Plan
1702/PS711371

Last Listing description (July 2024)

What you see

Two Bed | One Bath | Open Living |

Gas Cooktop | Split System | BIR |

Concierge Services | Security Services |

What you get

Guaranteed rental income of net rent $650 per week for 3 years lease by the current building serviced apartment operator Canvas Suite. We can also rent out the property as normal 12 months lease at $700 to $750 per week.

Situated on the North Bank district. Walking distance to Crown entertainment complex, Melbourne Aquarium, Southern Cross and Flinders St Station. Located within the free tram zone.

This is a stress-free property where you can enjoy all the perks of being a landlord without any of the hassle. Just buy and get immediate returns.

Call Cici Yang 0452 631 220 for an inspection ASAP!

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Property History for 1702/560 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$417,500
22 Jul 2024
  • 22 Jul 2024
    Sold for $417,500
  • 20 Jun 2024
    Listed for Sale Not Disclosed
  • 25 Jul 2014
    Sold for $475,950
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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 64,277 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 338 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2754 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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