2503/557-561 Little Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

2503/557-561 Little Lonsdale Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 574m2
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Last updated 24 Aug 2026
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Property Details for 2503/557-561 Little Lonsdale St, Melbourne

2503/557-561 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 February 2025.

Building Type
Unit
Year Built
2014
Floor Size
40m2
Land Size
574m2
Local Government
Melbourne
Lot/Plan
2503/PS703908

Last Listing description (January 2026)

SUCH GREAT VALUE for a proper 1 bedroom apartment! It will not be at this level for much longer with potential of 9% + return.

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 $450-$500 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.

INSPECTION WILL IMPRESS!

(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)

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.

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Property History for 2503/557-561 Little Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$265,000
26 Feb 2025
Listed for Rent
$325/w
15 Aug 2016
  • 26 Feb 2025
    Sold for $265,000
  • 14 Feb 2025
    Listed for Sale 9%+ return $270k~$290k
  • 01 Aug 2016
    Listed for Rent - Price not available
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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 64,744 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.
There are currently 283 properties listed for sale, and 213 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2478 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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