308/551 Flinders LaneMelbourne VIC 3000
Property Details for 308/551 Flinders Lane, Melbourne
308/551 Flinders Lane, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 858m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (September 2017)
Situated in a quiet corner in Melbourne s bustling CBD, this 2 bedroom gem offers good potential for both owner occupiers and investors with a ground level car space available and attractive corporate fees.
A short walk to Southern Cross Station and tram stops situated around the block, this property would make a great base to explore both the inner and outer city limits without even taking out your car and having to deal with traffic. With an attractive rental potential, this property is sure to deliver!
Features include built in robes, stainless steel appliances, gas cook top, floating floors, two-way bathroom entry, access to sauna, pool and gym and secure intercom entry, providing that extra bit of security to the complex.
Property History for 308/551 Flinders Lane, Melbourne, VIC 3000
- 26 Jul 2017Sold for $430,000
- 14 Jun 2017Listed for Sale $420000 - $450000
- 30 Jun 2012Listed for Sale 455000
Recent sales nearby
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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.
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