707/408 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1973. The property has a land size of 1912m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
A totally convenient inner city position, this budget priced studio apartment would be the ideal low maintenance city base and is available to move in now, or for parents with family attending universities or as an investment opportunity in this prime position.
Located on level seven of this popular secure building, the open plan accommodation comprises entry through to the carpeted living - sleeping area, incorporating the dedicated kitchen area with electric cooking, ample bench & cupboard space, bathroom with shower & vanity. The building has a ground floor communal laundry and security entrance.
Ideally located Between Elizabeth and Queen Street, with a bus stop right out front, great cafes, laneways to explore, close trams, easy access to RMIT, Melbourne University, Queen Victoria Market, Melbourne Central, Bourke Street Mall, amazing shopping and so much more that Melbourne has to offer.
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 64,265 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:
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