2002/557-561 Little Lonsdale StreetMelbourne VIC 3000
Property Details for 2002/557-561 Little Lonsdale St, Melbourne
2002/557-561 Little Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 574m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (January 2026)
Now is the ideal time to invest in Melbourne CBD. This centrally located apartment offers an exceptional opportunity for both first-time buyers and savvy investors seeking a blend of affordability, practicality, and convenience.
Situated in the heart of Melbourne, this apartment boasts ample natural light streaming through floor-to-ceiling windows in a low-maintenance building.
Here's what awaits you:
Option 1: Personal Residence
Enjoy unparalleled convenience with universities, train stations, restaurants, cafes, shops, markets, parks, hospitals, stadiums, and theatres all within walking distance or a short tram ride away. Indulge in first-class dining and entertainment with Queen Victoria Market, Melbourne Central, Chinatown and Carlton Gardens just a stone's throw away.
Option 2: High-Yield Investment
Maximize your returns with rental potential:
1-bedroom units rent between $500-$550 per week
2-bedroom units rent between $600-$650 per week
Option 3: Holiday Home with Income
Use the property as your personal holiday retreat and capitalize on Airbnb during peak seasons for additional income.
Melbourne consistently ranks as one of the world's most liveable cities, renowned for its thriving business environment, vibrant arts and culture scene, top-tier educational institutions, and extensive sports facilities.
Seize this opportunity now Melbourne awaits with its unbeatable lifestyle and investment potential. Don't miss out on securing your place in this dynamic city.
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NOTE: Link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions, sizes & layout are approximate and for illustrative purposes only. The producer or agent cannot be held responsible for any errors, omissions or misstatements.
Property History for 2002/557-561 Little Lonsdale St, Melbourne, VIC 3000
- 23 Sep 2025Sold for $298,000
- 14 Aug 2025Listed for Sale $295,000 to $315,000
- 27 Sep 2024Listed for Rent $480 / week
Recent sales nearby
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,752 properties. Over the last 5 years, Houses in Melbourne have seen a -35.59% decrease in median value, while Units have seen a -1.07% decrease. As at 31 July 2026:
- The median value for Houses in Melbourne is $1,425,811 while the median value for Units is $438,824.
- Houses have a median rent of $713 while Units have a median rent of $680.
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