920/408 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces 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 August 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
In the highly sought after position of Lonsdale Street, this spacious studio apartment will be a great asset and addition to your property portfolio. Recently re-leased with a seamless transition between tenants, showing impressive returns and very reasonable outgoings.
Ideally positioned with public transport literally at your doorstep, within close proximity of Emporium shopping mall, Melbourne Central and an array of exquisite CBD restaurants and cafes.
This is the time to take advantage of ultra-low interest rates and park your money in property. Enquire now to arrange a private appointment and obtain an investment report to see exactly how well the numbers stack up with this 'cash cow' investment.
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 64,237 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:
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