Home/Properties/Melbourne/1016/408 Lonsdale Street
1016/408 Lonsdale Street, Melbourne$294,000
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For Saleapartment

1016/408 Lonsdale Street

Melbourne, VIC 3000, Australia
$280,000 – $308,000
1 bed 1 bath

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About this property

With the bustling energy of the city below along with a Melbourne lifestyle that will never get boring, this smart and well-appointed apartment will be impossible to ignore. Whether you're a first-time buyer wanting to experience the CBD for the first time, or an investor who desires to gain a foothold into one of the world's most liveable cities, this 1-bedroom abode is as low-maintenance as they get! Quality timber floors are a dominant feature of so much of the apartment, including the easy-care north-facing living/meals zone which has the presence of high ceilings. The balcony, which enjoys seamless access from the living area and sensational northern light, is quite large and provides the ultimate space for weekend dinners and that much-needed early morning coffee. The ease of this property makes it the perfect 'lock-up and leave' opportunity Well-sized bedroom boasts excellent natural light and built-in robe storage Tasteful bathroom Laundry facilities Secure intercom entry In the heart of the city close to Hardware Lane eateries and Chinatown restaurants Not far from Melbourne Central with shops and train station Close to Bourke Street Mall and Emporium Melbourne Easy trip to Queen Victoria Market and Flagstaff Gardens Renowned universities close by In the free tram zone Close to Flagstaff Station and Southern Cross Station

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
1 month ago

Repayment calculator

$1,425/month
$713 /fortnight
Loan $235,200 at 6.10% over 30 years

Upfront costs

Deposit$58,800
Stamp duty$12,710
Conveyancing (est.)$2,000
Total upfront$73,510
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 41% below the $500,000 median of 74 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Hardware Lane/Lonsdale Street (bus)21 m away
  • Rapha146 m away
  • Unnamed438 m away
  • Unnamed448 m away
  • Unnamed452 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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