501/408 Lonsdale StreetMelbourne VIC 3000
Property Details for 501/408 Lonsdale St, Melbourne
501/408 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 1912m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (March 2026)
Positioned in the vibrant heart of Melbournes CBD, 501/408 Lonsdale Street offers an exceptional opportunity to secure a stylish and low-maintenance apartment in an unbeatable city location.
Designed for effortless inner-city living, the well-proportioned layout features a light-filled open plan living and dining area that provides a comfortable space to relax or entertain. Large windows invite natural light while framing an urban outlook, creating a welcoming and airy atmosphere throughout.
The adjoining kitchen is thoughtfully arranged for functionality, complete with ample storage, quality appliances and integrated washing machine facilities for added convenience.
The generously sized bedroom is privately set apart and features built-in-storage, offering a serene retreat from the energy of the city below. A central bathroom with full-size shower and modern fittings completes the accommodation with clean, contemporary appeal.
An ideal choice for first home buyers, investors or professionals seeking a city base, this apartment places you moments from Melbourne Central, Emporium, Queen Victoria Market, universities, cafs, restaurants and multiple public transport options. Embrace the ultimate lock-and-leave lifestyle with everything you need right at your doorstep.
Property History for 501/408 Lonsdale St, Melbourne, VIC 3000
- 05 Mar 2026Sold for $312,000
- 15 Feb 2026Listed for Sale $300,000 - $330,000
- 31 Oct 2016Sold for $290,000
Recent sales nearby
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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 64,272 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.
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