718/238-242 Flinders StreetMelbourne VIC 3000
Property Details for 718/238-242 Flinders St, Melbourne
718/238-242 Flinders St, Melbourne is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1932. The property has a land size of 1054m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 0 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (April 2026)
Perfectly positioned in the heart of Melbourne's iconic Flinders Street precinct, this stylish studio apartment offers an unbeatable opportunity for first home buyers, savvy investors, or those seeking a secure city base. Situated directly opposite Flinders Street Station and moments from Federation Square, this residence delivers the ultimate in convenience, lifestyle, and connectivity.
Key Features
Well-designed studio layout with practical zoning for living, sleeping, and study
Secure building with lift access
Unbeatable location-walk to the Yarra River, laneway cafs, universities, restaurants, and Melbourne's famous arts and entertainment precincts
Positioned inside the Free Tram Zone, placing the entire CBD at your doorstep
Excellent rental demand, with similar apartments in the building historically attracting strong interest due to proximity to transport and amenities
Building Features
Secure intercom entry
On site reception and building concierge
Resident facilities including a table tennis table, relaxed resident lounges and laundry facilities.
Lifestyle & Location
Living on Flinders Street means embracing Melbourne's most vibrant offerings-world class dining, retail, galleries, nightlife, and events. With the building located directly opposite Flinders Street Station, commuting couldn't be easier. The Metro Tunnel further elevates connectivity now that it is complete.
Outgoings as below:
Councils Rates: $555.08 per annum.
Water Rates: $737.01 per annum.
OC fees: $3,163.60 per annum.
Property History for 718/238-242 Flinders St, Melbourne, VIC 3000
- 30 Mar 2026Sold for $185,000
- 19 Mar 2026Listed for Sale $195,000 - $214,500
- 01 Sep 2021Listed for Rent $290 / week
Recent sales nearby
See more recent sales nearby/assets/perm/i2i2pecblqi6zjbg7ojgrkfdfa?signature=34fa023cdab4b08b3ec0019e9607fb4120af86961a3b09ca73eb2b0254bc52a7){kind=logo}
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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 64,264 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.
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