512/238-244 Flinders Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

512/238-244 Flinders Lane
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
Land area: 980m2
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Property Details for 512/238-244 Flinders Lane, Melbourne

512/238-244 Flinders Lane, Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1860. The property has a land size of 980m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1860
Floor Size
113m2
Land Size
980m2
Local Government
Melbourne
Lot/Plan
512/PS430847

Last Listing description (April 2026)

Deadline Sale (unless sold prior) Tuesday 11th May at 12pm

- Circa Early 1860's with substantial remodeling in 1870

- Italian Renaissance Palazzo style
- Former hub of the rag trade now an exceptional residential building
- Townhouse style heritage penthouse
- Enviable Flinders Lane Location
- Town Hall, Flinders St Station and multiple trams a moments walk away
- Extremely rare & valuable, secure, ground-level car park
- Master bedroom, walk in robe and ensuite
- Second bedroom, large robes direct bathroom access
- Flexible third bedroom or study/home office
- Entrance foyer with heritage column and great cabinetry
- Bright open plan living dining that spills out to the terrace
- Great size, full-width sunny terrace to really enjoy
- Well equipped kitchen, with stunning appliances, ample cupboards & bench space
- Convenient powder room on upper level
- Brand new air conditioner for year-round comfort

What is WHU?

Warehouse, Heritage & Unique or what our team refers to as WHU is a category of property that differentiates from the others.
This symbol appears on the properties that our team have identified as exhibiting one or more of these characteristics.

Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique WHU properties in Melbournes inner city. For information on inner city property for sale or rent or for expert real estate advice visit: melbourneharcourts.com.au or phone us on 03 9664 8100 Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.

Property History for 512/238-244 Flinders Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,192,000
11 Mar 2021
Listed for Rent
16 Jan 2025
  • 17 Apr 2026
    Listed for Sale Deadline Sale | $1,250,000 - $1,320,000
  • 27 Nov 2024
    Listed for Rent $1,100 / week
  • 11 Mar 2021
    Sold for $1,192,000
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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 64,264 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.
There are currently 275 properties listed for sale, and 163 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2683 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.