702/398 Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

702/398 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 167m2
Land area: 822m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 702/398 Lonsdale St, Melbourne

702/398 Lonsdale St, Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 822m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in April 2014.

Building Type
Unit
Year Built
1993
Floor Size
167m2
Land Size
822m2
Local Government
Melbourne
Lot/Plan
29/PS326122

Last Listing description (January 2018)

***In-built TV and Refrigerator Included***
***6, 9 or 12+ Month Leases Available***

Spanning an expansive 160sqm plus, this standout property is extremely hard to find and very tightly held. With only 12 apartments in total and only 2 per floor, you will love the privacy and exclusivity on offer here. With all the delights of Hardware Lane close by with its exclusive cafes and restaurants abounding, yet without the hustle and bustle, this property truly has it all.
This generous apartment will delight you with its size and feel, with the east facing floor to ceiling windows affording a light filled arena throughout. A real home in every sense of the word, enjoy hypnotising views of the city from your private perch. The massive kitchen is ready for serious entertaining with an abundance of bench and cupboard space. Offering three large bedrooms, all with an abundance of built-in robes serviced by two gleaming bathrooms. The separate laundry is well fitted with oodles of cupboard and storage space too. A lovely balcony off the living area can accommodate a BBQ and you are all set.
Additional features also include a secure undercover car space, centralised heating and cooling, beautiful floorboards and high ceilings.

Property History for 702/398 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,150,000
03 Apr 2014
Listed for Rent
$995/w
16 Jan 2018
  • 20 Dec 2017
    Listed for Rent $995 / week
  • 03 Apr 2014
    Sold for $1,150,000
  • 25 Oct 2013
    Listed for Sale POA
Sign in to see more transactions
Commute Calculator

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 64,283 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 248 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2752 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.