506/557-561 Little Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

506/557-561 Little Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 574m2
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Property Details for 506/557-561 Little Lonsdale St, Melbourne

506/557-561 Little 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 574m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
2014
Floor Size
59m2
Land Size
574m2
Local Government
Melbourne
Lot/Plan
506/PS703908

Last Listing description (December 2020)

UNFURNISHED TWO BEDROOM APARTMENT AVAILABLE.

Please DO NOT apply using 1FORM - to request an NRAS application form, please email reception@npm.com.au. Inspections can only be offered upon successful application.


Appreciate having all that is best about Melbournes CBD right on your doorstep. Metro Park West fall under the National Rental Affordability Scheme (NRAS). To be eligible to live within the NRAS apartments you must earn less than $51,398 per year, or for two adults; less than $71,061 per year.
Dont miss out on the chance to enjoy:

- Central CBD Convenience
- Two Bedroom with built in robes
- One Bathroom
- Open Plan Living/Kitchen/Dining
- 20% below market rentals, the cheapest in Melbourne CBD

Metro Park West provides its residents with incredible access to all the CBD has on offer. Find Flagstaff Gardens, the Queen Victoria Market and Melbourne Central all within walking distance. This apartment complex creates seamless access to all areas of Melbourne CBD, and further public transport convenience.

*Please Note: Photos are representational and may not be an exact replica of the apartment.**

Property History for 506/557-561 Little Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$342,500
03 Dec 2024
Listed for Rent
$290/w
22 Dec 2020
  • 03 Dec 2024
    Sold for $342,500
  • 01 Apr 2020
    Listed for Rent - Price not available
  • 25 Mar 2019
    Listed for Rent $418 / week
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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 64,753 properties. Over the last 5 years, Houses in Melbourne have seen a -35.59% decrease in median value, while Units have seen a -1.07% decrease. As at 31 July 2026:

  • The median value for Houses in Melbourne is $1,425,811 while the median value for Units is $438,824.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 289 properties listed for sale, and 242 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2551 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.