408/500 Flinders St, Melbourne is a 0 bedroom, 1 bathroom Unit 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 sold in August 2026. There are other 0 bedroom Unit sold in Melbourne in the last 12 months.
Positioned in the heart of Melbourne's CBD, this well-presented studio apartment offers an outstanding opportunity to secure an affordable city home or a smart investment in one of Melbourne's most connected locations. Whether you're entering the market, expanding your portfolio or searching for a convenient city base, this is a lifestyle defined by accessibility and everyday convenience.Designed to make the most of its approximately 23sqm floorplan, the apartment features an open-plan living, dining and sleeping zone complemented by a functional kitchen and a well-appointed bathroom. The practical layout creates a comfortable, low-maintenance space that's easy to enjoy while offering strong appeal for both owner-occupiers and investors.Located at 500 Flinders Street, Melbourne, you'll have the very best of the city at your doorstep. Walk to Flinders Street Station, free city trams, Southbank, Crown Entertainment Complex, riverside dining, supermarkets, universities and Melbourne's renowned caf and restaurant scene. Everything you need for work, study and leisure is only moments away.Property Highlights Studio apartment One bathroom Approximately 23sqm internal area Functional open-plan living and bedroom layout Practical kitchen with ample storage Low-maintenance city living Ideal first home, city base or investment Walking distance to Flinders Street Station Close to Southbank, Crown, cafs, restaurants and everyday amenities Easy access to public transport, universities and Melbourne's business precinctOutgoings (approx.) Owners Corporation: $2,986 per annum Council Rates: $565 per annum Water Rates: $722 per annumRental Return $450 per week
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 64,741 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:
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