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139 Lonsdale Street

Melbourne, VIC 3000, Australia

$295,000

2 bed 1 bath

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Area Price Guide

$277,300 – $312,700

Indicative price guide range

🏘️

Comparable

📊

$449,000

Area median

⚖️

-34%

vs median

🗓️

2 months ago

Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

7 nearby schools

Catchment: Melbourne Primary School

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Public transport

10 stops within 1.5km

Nearest: Melbourne Central/Lonsdale Street (0.3km)

Traffic

High congestion

Significant congestion during morning (7-9am) and evening (5-7pm) peak hours due to CBD convergence. Lonsdale Street experiences heavy vehicle and commuter traffic flow. One-way street configurations and traffic light sequencing affect travel times substantially during peaks.

Flood risk

Medium

Melbourne properties face variable flood risk depending on proximity to the Yarra River, Dandenong Creek, Maribyrnong River, and tributary systems. Inner suburbs and those along major waterways (e.g. Southbank, Docklands, parts of Hawthorn, Kew) are typically mapped under LSIO, requiring flood-aware development. Outer suburbs on elevated terrain generally experience low flood risk, though localized drainage issues can occur during extreme rainfall events.

Bushfire risk

Moderate

BAL: BAL-29

Crime profile

above average

Trend: stable

Nearby development

6 projects nearby

Melbourne exhibits strong development activity concentrated in inner-city urban renewal precincts (Southbank, Fishermens Bend, Docklands) driven by Metro Tunnel infrastructure delivery and central city demand. Middle-ring suburbs show consistent infill housing approvals and activity centre intensification, while outer suburbs remain subject to greenfield estates and strategic planning scheme amendments supporting long-term growth corridors.

Heritage

Heritage listed

Central Melbourne contains numerous state and nationally significant heritage landmarks spanning Victorian, Edwardian, and early 20th-century architecture. Much of the inner CBD and surrounding areas are subject to heritage overlays and conservation area provisions under the Victorian Heritage Register and local council planning schemes. Strict controls apply to alterations, demolition, and new development to preserve the city's architectural and historical character.

Sources: Australian Gov open data + StMate AI

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About this property

Discover the perfect blend of comfort and convenience in this renovated stunning 2-bedroom apartment located in the heart of Melbourne. With modern finishes and an open-plan layout, this property is ideal for both investors and first-time buyers looking to embrace city life. The spacious living area is filled with natural light, creating a warm and inviting atmosphere. The well-appointed kitchen features sleek cabinetry and ample storage, making it easy to whip up your favourite meals. Both bedrooms are generously sized, providing a peaceful retreat after a busy day in the vibrant city. With a stylish bathroom and access to local amenities, this apartment offers everything you need for a comfortable lifestyle. Enjoy the best of Melbourne right at your doorstep, from trendy cafes to world-class shopping. Don't miss your chance to own a piece of this bustling urban oasis!