608/534 Flinders Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

608/534 Flinders Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
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Last updated 19 Jan 2026
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Property Details for 608/534 Flinders St, Melbourne

608/534 Flinders St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 48m2.

Building Type
Unit
Year Built
2013
Floor Size
48m2
Local Government
Melbourne

Last Listing description (July 2016)

In a convenient yet quiet position minutes from the hub of vibrant city living, this smart two bedroom residence in Aura Apartments presents the perfect option for investors with an amazing $26,076 per year return. Put this together with extra low outgoings and you have the ideal CBD investment.
Finance should also be easy due to the properties generous size.
Offering stunning views down the river and to Southbank and city, the proximity to Flinders Street/Spencer Street Stations, Melbourne attractions such as Melbourne Aquarium, Museums, the Melbourne Cricket Ground and fabulous Southbank restaurants will appeal to myriad buyers.

Accommodation consists of a living/dining area opening to the balcony plus well-equipped kitchen with stainless steel Blanco appliances and Euro-laundry while a large main bedroom and second robed bedroom are serviced by a pleasant bathroom. Features split system air conditioner and security intercom.
Having the Crown Entertainment Complex, Etihad Stadium, discount fashion outlets, CBD shops and renowned department stores nearby plus trams on the doorstep add to the enticement of city lifestyle making this an ideal investment.

Property History for 608/534 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$480/w
08 Oct 2013
  • 16 May 2016
    Listed for Sale $375,000
  • 28 May 2015
    Listed for Rent $480 / week
  • 14 Sep 2013
    Listed for Rent $480 / week
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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 64,285 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 244 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2736 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.