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201/238 Flinders Street, Melbourne$365,000
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For Saleapartment

201/238 Flinders Street

Melbourne, VIC 3000, Australia
$350,000 – $380,000
2 bed 1 bath60 m²

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About this property

Conveniently located opposite Flinders Street Station, close to Federal Square, Crown Entertainment Centre and only seconds from all shops, cafes, restaurants, Victoria Uni and public transport to all directions. Historical Flinders Station views from windows, this bright apartment approx 60 sqm on level 2 features two super large size bedroom with BIR, open plan kitchen with gas cooking, separate bathroom and fully furnished with lounge, bed, dinning table, bookshelf, Fridge and Microwave. Very good floor plan without any wasted space. The building features 24 hour on-site management & security, internet access, key-card access, a fully equipped business centre, large screen TV, table pool, table tennis & bicycle storage. Vacant possession is available now. Potential rental is $600/week which equal to 8.88% rental return, perfectly suitable to initial investors or investment by personal superannuation fund. Body corporate: $4,897/year Council rates: $900/year Water rates: $716/year Attention: Attention: the size of this apartment is 60 sqm. It's easy to get higher percentage home loan approval as it is larger than 50 sqm. This is NOT student accommodation, anyone can be owner-occupied. Vendor says sell. For more information, please contact Stephen Shen on 0468 955 586.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Land Area
60 m²
Listed
3 months ago

Repayment calculator

$1,770/month
$885 /fortnight
Loan $292,000 at 6.10% over 30 years

Upfront costs

Deposit$73,000
Stamp duty$16,970
Conveyancing (est.)$2,000
Total upfront$91,970
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 2-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 28% below the $510,000 median of 63 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

  • Southgate Landing - Berth 1 (ferry)285 m away
  • 7-Eleven892 m away
  • Unnamed459 m away
  • Market Street Park552 m away
  • Unnamed822 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 2 bed

Compound growth -2.4% / yr over 4 yrs

$633kcurrent median

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Price history

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1 price change recorded for this property

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