708/408 Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

708/408 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 31m2
Land area: 1912m2
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Property Details for 708/408 Lonsdale St, Melbourne

708/408 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 June 1998.

Building Type
Unit
Year Built
1973
Floor Size
31m2
Land Size
1912m2
Local Government
Melbourne
Lot/Plan
708/PS413542

Last Listing description (April 2026)

Positioned in the vibrant heart of Melbournes CBD, Apartment 708/408 Lonsdale Street presents an exceptional opportunity to secure a sleek and low-maintenance studio in one of the citys most connected locations.

Thoughtfully designed for effortless inner-city living, the layout welcomes you through a defined entry with built-in-storage, providing practical storage rarely found in studio apartments. The contemporary bathroom is neatly appointed and privately set off the entry hall, offering comfort and functionality in equal measure.

The well-equipped kitchen features ample cabinetry, appliances and generous bench space, flowing seamlessly into the expansive open-plan studio area. The main living and sleeping zone is impressively proportioned, allowing for distinct areas to relax, dine and rest while still maintaining a light-filled, open feel. Large windows draw in natural light and enhance the sense of space, creating a bright and inviting urban retreat.

Ideal for first home buyers, investors or those seeking a convenient city base, this apartment offers unbeatable proximity to Melbourne Central, QV, RMIT, the University of Melbourne, public transport, cafs, restaurants and world-class shopping. With everything at your doorstep, this is an outstanding opportunity to embrace a true lock-and-leave lifestyle in the centre of it all.

Property History for 708/408 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$110,933
19 Jun 1998
Listed for Rent
$230/w
08 Feb 2022
  • 17 Feb 2026
    Listed for Sale $200,000 - $220,000
  • 03 Feb 2022
    Listed for Rent $230 / week
  • 20 Nov 2018
    Listed for Rent $350 / 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 64,270 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:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 275 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 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.