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1203/408 Lonsdale Street, Melbourne$235,000
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Soldstudio

1203/408 Lonsdale Street

Melbourne, VIC 3000, Australia
$235,000
1 bath40 m²

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About this property

A light-filled mix of streamlined style, space and simplicity, this smartly furnished studio apartment is a low-cost fit for market entrants and savvy investors. Head downstairs and the whole of the city opens up for you. Take a short stroll to Queen Victoria Market, top-ranking universities, Melbourne Central rail, retail and restaurants, free city trams, Chinatown, Hardware Lane eateries, Flagstaff Gardens, and the shopping power of QV, Emporium, and Bourke Street Mall. A chef-friendly kitchen is graced with ample storage capacity and stainless-steel appliances including a brand-new oven/cooktop, Hisense fridge, and a Westinghouse microwave. Set on the 12th floor of a well-maintained complex, the roomy living and resting zone attracts an abundance of natural light through full-width windows, while capturing commanding views over the city skyline including the Melbourne Town Hall clock tower. Take advantage of ample space to stage a Queen-sized bed, serviced by built-in robes and a bathroom with a walk-in shower. Offered for sale with the comfortable furniture on display, additional features include panel heating, shared laundry facilities, a wall-mounted Teac television, roller blinds, intercom security, lift access, and an elegant foyer. An inspection will impress! Outgoings: Council Rates: $167.19 per quarter approx. Water Rates: $185.76 per quarter approx. Owners Corporation Fees: $755.70 per quarter approx. Potential Rental Income: $440 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property Details

Property Type
studio
Listing Type
Sold
Bathrooms
1
Land Area
40 m²
Listed
3 months ago

Repayment calculator

$1,139/month
$570 /fortnight
Loan $188,000 at 6.10% over 30 years

Upfront costs

Deposit$47,000
Stamp duty$9,170
Conveyancing (est.)$2,000
Total upfront$58,170
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 studio in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 53% below the $500,000 median of 75 comparable studioswithin 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)17 m away
  • Rapha151 m away
  • Unnamed440 m away
  • Unnamed450 m away
  • Unnamed454 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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