502/238-242 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1932. The property has a land size of 1054m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Drenched in natural light facing Flinders Street Station, this irresistible 1 bedroom apartment in the beating heart of Melbourne is your perfect launching pad to shine. Elevated with genuine presence over the centre of the city, head downstairs and everything you could possibly want is within walking distance. Simply stroll to Flinders Street trains, free city trams, elegant Degraves Street cafes, award-winning restaurants, Federation Square, boutique laneway shopping and a Woolworths almost your doorstep. Embrace the best of the CBD with a price you can afford!
Set on the fifth floor of a well-maintained building, enjoy the sunlit comfort of open-plan living and dining complemented by a streamlined kitchen with a tiled splashback, fridge, microwave and a Smeg cooktop. Picture windows reveal a spectacular Flinders Street outlook with the Arts Centre Spire forming a dramatic centrepiece before sweeping over Federation Square and the iconic railway station clock tower with Eureka Tower rising behind. This is an unforgettable aspect of magnificent Melbourne! Sharing in the panorama, a robed bedroom attracts sunlight, serviced by a sparkling bathroom with a shower over a bathtub.
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 64,271 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:
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