309/500 Flinders Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

309/500 Flinders Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 22m2
Land area: 493m2
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Property Details for 309/500 Flinders St, Melbourne

309/500 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 493m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last transferred in June 2022.

Building Type
Unit
Year Built
1975
Floor Size
22m2
Land Size
493m2
Local Government
Melbourne
Lot/Plan
309/RP5395

Last Listing description (April 2024)

The Phone Code for this property is: 31284. Please quote this number when phoning or texting.

This high yielding, low-cost, renovated studio sits nestled within a central courtyard, within a very tightly held building of extremely unique proportions,

The unit is renovated to a superior standard including a large kitchen, built-in robes, updated ceilings, floorboards and a freshened bathroom,

The building offers one of the best rooftop views in Melbourne with views over the aquarium down to the MCG, new laundries, and central hydronic heating,

Additionally, the building owns the shop which generates around $50,000 per year that goes towards reducing the OC fees, The OC has low and sustainable fees with substantial savings to cover the maintenance

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 309/500 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
14 Jun 2022
Listed for Rent
$260/w
22 Aug 2018
  • 09 Nov 2023
    Listed for Sale Not Disclosed
  • 27 Aug 2023
    Listed for Sale $189,950
  • 14 Jun 2022
    Transferred
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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 64,255 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 258 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2710 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.