301/541-557 Lonsdale Street, Melbourne, VIC 3000 sold on 14 August 2026 | OnTheHouse
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Sold on 14 Aug 2026 - Price Unavailable

301/541-557 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 301/541-557 Lonsdale St, Melbourne

301/541-557 Lonsdale St, Melbourne is a 2 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Local Government
Melbourne

Last Listing description (September 2026)

Proper 2 bedroom apartment with floor to ceiling windows! It will not last for much longer. Offer 8%+ 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 ResidenceEnjoy 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 InvestmentMaximize your returns with rental potential:2-bedroom unit rent at $600 per weekOption 3: Holiday Home with IncomeUse 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.(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)NOTE: Link for Due Diligence Checklist:http://www.consumer.vic.gov.au/duediligencechecklistDisclaimer: 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 301/541-557 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
14 Aug 2026
  • 14 Aug 2026
    Sold
  • 14 May 2026
    Listed for Sale $360,000 - $390,000
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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 64,784 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:

  • The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 286 properties listed for sale, and 283 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2406 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Jalin Realty Australia Pty Ltd
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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.