4608/639 Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

4608/639 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 8666m2
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Property Details for 4608/639 Lonsdale St, Melbourne

4608/639 Lonsdale St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 8666m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2014
Floor Size
54m2
Land Size
8666m2
Local Government
Melbourne
Lot/Plan
4608L/PS633275

Last Listing description (June 2026)

Perched high on the 46th floor, this stunning two-bedroom, one-bathroom apartment delivers uninterrupted panoramic water views across the city skyline, Docklands waterfront, and Marvel Stadium with no visual obstructions. From sunrise to sunset, the ever-changing bay and cityscape become your private masterpiece.

What sets this apartment apart is its owner a designer who once lived here and lovingly enhanced the home with tasteful, practical improvements:

- Freshly painted throughout in a sophisticated palette

- Premium timber flooring, newly laid
- Select designer furniture pieces (negotiable), adding instant style and warmth
- Subtle layout refinements for better flow and functionality

The result is a residence in immaculate condition visually inspiring, and far superior to a standard off-the-plan finish.

Currently returning an outstanding $780 per week (8%+ gross yield), this property presents a rare dual opportunity. It can be retained as a high-performing investment, or offered with Vacant Possession for owner-occupiers ready to move straight in. There is also the option to purchase fully furnished providing a seamless, true turn-key lifestyle.

Enjoy the renowned Upper West Side resort-style amenities:
- Heated 25m indoor lap pool
- Fully equipped gym and sauna
- Landscaped BBQ terrace and communal gardens
- Multi-purpose function room with kitchen facilities
- Indoor rock climbing wall
- Concierge service and on-site building manager

Perfectly positioned in the heart of Melbourne CBD, moments from Southern Cross Station, Flagstaff Gardens, Docklands, shopping, cafes, and restaurants with free city trams at your doorstep.

4608 Better views, a better home, and a better return.

Property History for 4608/639 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$422,800
06 Apr 2021
Listed for Rent
$630/w
14 Mar 2019
  • 13 Jun 2026
    Listed for Sale $468,000-$480,000
  • 06 Jan 2025
    Listed for Rent $780 / week
  • 06 Apr 2021
    Sold for $422,800
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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 64,380 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:

  • The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
  • Houses have a median rent of $718 while Units have a median rent of $680.
There are currently 308 properties listed for sale, and 189 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2594 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.