510/238-244 Flinders LaneMelbourne VIC 3000
Property Details for 510/238-244 Flinders Lane, Melbourne
510/238-244 Flinders Lane, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1860. The property has a land size of 980m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Last Listing description (July 2026)
Positioned in the heart of Melbournes iconic Flinders Street precinct, this well-presented studio apartment offers an outstanding opportunity for first home buyers, investors, or those seeking a secure and convenient city base. Located directly opposite Flinders Street Station and moments from Federation Square, the property delivers immediate access to the very best of the CBD.Lifestyle & LocationEnjoy unrivalled inner-city living with Melbournes premier attractions at your doorstep. Walk to the Yarra River, renowned laneway cafs, leading universities, restaurants, and the citys vibrant arts and entertainment precincts. Positioned within the Free Tram Zone, the entire CBD is easily accessible, while the completed Metro Tunnel further enhances connectivity.Key FeaturesEfficiently designed studio layout with distinct zones for living, sleeping, and studyModern bathroom complemented by a practical kitchenetteSecure building with lift accessExcellent rental potential driven by strong demand in this prime locationBuilding FeaturesSecure intercom entryOn-site reception and conciergeResident amenities including communal lounges, table tennis, and shared laundry facilitiesOutgoings (Approx.)Council Rates: $555 per annumWater Rates: $737 per annumOwners Corporation Fees: $3,163per annum
Property History for 510/238-244 Flinders Lane, Melbourne, VIC 3000
- 26 Jun 2026Listed for Sale $170,000 - $180,000
- 11 Jan 2019Listed for Rent - Price not available
- 06 Nov 2017Listed for Rent - Price not available
Recent sales nearby
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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 64,388 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.
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