4906/38 Rose Lane, Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 78m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.
Bathed in morning light and wrapped in sweeping city vistas, this South-east corner residence in the acclaimed Fifth invites you to slow down above the buzz. With approx. 70.16sqm of thoughtfully arranged interiors and an 8.34sqm covered balcony (total 78.50sqm), the home opens with an airy living and dining domain framed by floor-to-ceiling glazing—your daily theatre of skyline silhouettes and a gentle hint of blue on the horizon. A stone-finished kitchen anchors the space with quality appliances and smart storage, welcoming effortless meals for one or many.
The two bedrooms are a calm retreat: the main with private ensuite, the second served by a refined central bathroom. Comfort is complete with ducted heating/cooling, secure intercom entry and a prized car space on title. Currently configured for high-demand short stay, it’s ready to perform for investors, yet equally suited to an owner-occupier seeking an uplifting city base that feels warm, modern and unmistakably Melbourne.
Step outside and the CBD is yours—Southern Cross Station for easy connections, Flagstaff Gardens for a green exhale, Queen Victoria Market for fresh finds, universities, laneway dining and the free-tram zone all within a wander.
Outgoings:
Council Rates: $1610.00 per annum approx.
Water Rates: $148.00 per quarter approx.
Owners Corporation Fees: $2,320 per quarter approx.
The apartment is presently set for short-stay; private inspections only—please contact the agent to arrange.
Disclaimer: All measurements and outgoings are approximate and provided for general information only. Buyers should conduct their own enquiries and obtain independent advice.
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 64,792 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:
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