704/551 Flinders Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
FOR RENT

704/551 Flinders Lane
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 858m2
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This property is currently on the market
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Property Details for 704/551 Flinders Lane, Melbourne

704/551 Flinders Lane, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 858m2 and floor size of 50m2.This Property is currently listed for rent with Ray White Southbank | Port Phillip

Building Type
Unit
Year Built
2000
Floor Size
50m2
Land Size
858m2
Local Government
Melbourne
Lot/Plan
704/PS414504

Last Listing description (March 2026)

Please note, this property is FURNISHED with brand-new furniture.

Morgan Place residential complex is the ultimate inner-city base, the building's hotel-like amenities include a secure intercom entry, plush foyer, two lifts plus a heated indoor pool/ spa, sauna and a fully equipped gym. The prime inner-city position which allows you to stroll to Batman Park, Southern Cross Station, Southbank restaurants, bars and cafes, Crown, Arts Centre Melbourne and other local attractions.

Prominent position as part of the upmarket Morgan Place complex

Hotel-like amenities includes two lifts, heated indoor pool/spa, sauna and a gym
Stroll to Southern Cross Station, Southbank, Crown and other local attractions
Spacious bedroom with built-in robes
Smart and adaptable kitchen
Generous kitchen/living/dining zone
Concealed laundry plus wall heater in the living area

Perfect for young executives or students and so well located, this pristine one-bed apartment promises a high-quality CBD lifestyle.

The thoughtful layout feels bright and airy thanks to its neutral color tones. Anchored by a smart and adaptable kitchen, the generous kitchen/living/dining zone has north-facing windows, allowing plenty of natural light. The spacious bedroom features large built-in robes, and the apartment is complemented by brand-new, stylish furniture for a fresh and modern feel.

Other highlights include a well-appointed bathroom, a concealed laundry plus wall heater in the living area.

Make your move today. Please register to inspect.

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Property History for 704/551 Flinders Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$265,000
21 Dec 2024
Listed for Rent
29 Aug 2025
  • 17 Mar 2026
    Listed for Rent $600 / week
  • 21 Aug 2025
    Listed for Rent $600 / week
  • 10 Feb 2025
    Listed for Rent $600 / 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 64,242 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 248 properties listed for sale, and 177 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2770 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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