1702/565 Flinders Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1702/565 Flinders Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 1136m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Apr 2026
Low

High
Save

Property Details for 1702/565 Flinders St, Melbourne

1702/565 Flinders St, Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 1136m2 and floor size of 155m2.

Building Type
Unit
Year Built
2009
Floor Size
155m2
Land Size
1136m2
Local Government
Melbourne
Lot/Plan
1702W/PS604245

Last Listing description (April 2026)

EOI Closing 12PM on Wednesday 29/04/2026

Seventeen floors up, somewhere between the skyline and your next personality upgrade, sits a penthouse that doesnt whisper luxury - it casually radiates it. With 146sqm (approx.) of internal space (yes, in the CBD take a moment) and a terrace so expansive it feels like it has ambitions of its own, this is Northbank Place at its most unapologetically extra.

And just when you thought it couldnt get better - brand new carpets and blinds throughout. Fresh, flawless, and quietly saying, youre welcome.

Inside, the living zone stretches out like it refuses to be confined to just one purpose. Lounge? Dining? Work? Existential pondering while staring at the skyline? Theres room for all of it - and then some. Natural light pours in from both the north and south (a rare double act in this building), wrapping the space in that this feels different kind of glow.

Then the terrace. 89sqm (approx.) of pure main-character energy. Morning coffees hit differently here. So do sunset wines. With panoramic views sweeping from Port Phillip Bay to the Yarra River, across Southbank, the city skyline, and all the way to the Dandenong Ranges - its less balcony, more private observation deck for your life.

The kitchen is sleek and ready for whatever version of cooking you subscribe to - stone bench tops, stainless steel appliances, and just enough attitude. The master bedroom opens directly onto the terrace (because of course it does) and comes with its own ensuite sanctuary, while the second bedroom enjoys northern light and mirrored robes that may or may not encourage outfit checks you didnt plan on doing. A central bathroom with laundry ties it all together with quiet efficiency.

And because practicality should still feel impressive: two secure car spaces, a storage cage, heating and cooling, video intercom, and an on-site building manager all play their part behind the scenes. Step outside and youre seconds from Crown, South Melbourne Market, trams, Southern Cross Station, and everything the city throws at you - except now, you get to retreat above it all.

Its bold. Its oversized. Its slightly dramatic.

And once youve seen it everything else might feel a little underwhelming.

Approximate Outgoings:

Owners Corporation Fees: $14,761 (approx)
Council Rates: to be advised
Water Rates: to be advised

Property History for 1702/565 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$860/w
15 Jul 2015
  • 30 Mar 2026
    Listed for Sale EOI - $1,150,000 to $1,250,000
  • 05 Oct 2016
    Listed for Sale Contact Agent
  • 22 Jun 2015
    Listed for Rent $1,500 / week
Sign in to see more transactions
Commute Calculator

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 64,257 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 258 properties listed for sale, and 167 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2716 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.