201/238-242 Flinders Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

201/238-242 Flinders Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 1054m2
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Property Details for 201/238-242 Flinders St, Melbourne

201/238-242 Flinders St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1860. The property has a land size of 1054m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
1860
Floor Size
87m2
Land Size
1054m2
Local Government
Melbourne
Lot/Plan
201/PS420871

Last Listing description (April 2025)

Conveniently located opposite Flinders Street Station, close to Federal Square, Crown Entertainment Centre and only seconds from all shops, cafes, restaurants, Victoria Uni and public transport to all directions.

Historical Flinders Station views from windows, this bright apartment approx 60 sqm on level 2 features two super large size bedroom with BIR, open plan kitchen with gas cooking, separate bathroom and fully furnished with lounge, bed, dinning table, bookshelf, Fridge and Microwave. Very good floor plan without any wasted space.

The building features 24 hour on-site management & security, internet access, key-card access, a fully equipped business centre, large screen TV, table pool, table tennis & bicycle storage.

Vacant possession is available now. Potential rental is $600/week which equal to 8.88% rental return, perfectly suitable to initial investors or investment by personal superannuation fund.

Body corporate: $4,897/year
Council rates: $900/year
Water rates: $716/year

Attention: Attention: the size of this apartment is 60 sqm. It's easy to get higher percentage home loan approval as it is larger than 50 sqm. This is NOT student accommodation, anyone can be owner-occupied.

Vendor says sell. For more information, please contact Stephen Shen on 0468 955 586.

Property History for 201/238-242 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$360,000
13 Apr 2025
Listed for Rent
$450/w
24 Aug 2022
  • 13 Apr 2025
    Sold for $360,000
  • 07 Apr 2025
    Listed for Sale $350,000-$380,000
  • 24 Jul 2024
    Listed for Rent $460 / week
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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 64,269 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 273 properties listed for sale, and 170 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 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.