414/238-242 Flinders StreetMelbourne VIC 3000
Property Details for 414/238-242 Flinders St, Melbourne
414/238-242 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1860. The property has a land size of 1054m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (November 2024)
The tenant is sub-lease agent, they pay $380/week to landlord(they pay quite low to landlord now), but they leased out to 3 students separately at $720/week now, the lease until next 1st March 2025, so in the future you can lease out by yourself or another agent to get massive 15.3% rental return.
Located opposite Flinders Train Station and only minutes from all shops, cafes and restaurants. Within walking distance to the RMIT and Victoria Uni. Not mention having the tram right on your doorstep!!
This fantastic fully furnished apartment situated on the 4th floor, north facing, sunlight-filled approx 39 sqm. Comprised of 2 bedroom, the master with BIR and windows, open plan kitchen with gas cooking, fully furnished with bed, dining table, chairs, Fridge and microwave.
Downstairs, the airconditioned games rooms featuring BIG TV, pool and table tennis tables and reading lounges are all available for your use at anytime.
Body corporate: $3,046/year
Council rate: $634/year
Water rate: $594/year
Hurry up! This property wouldn't be stay here for long. Call Stephen Shen on 0468 955 586
Property History for 414/238-242 Flinders St, Melbourne, VIC 3000
- 01 Nov 2024Sold for $240,000
- 17 Apr 2024Listed for Sale $245,000-$255,000
- 09 Mar 2017Sold for $235,000
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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 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
- Houses have a median rent of $640 while Units have a median rent of $670.
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