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.
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.
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:
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