Home/Properties/Melbourne/4004/38 Rose Lane
4004/38 Rose Lane, Melbourne$465,000
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For Saleapartment

4004/38 Rose Lane

Melbourne, VIC 3000, Australia
$450,000 – $480,000
2 bed 1 bath

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About this property

Positioned on level 44 of the well-regarded Fifth Apartments, this two-bedroom residence showcases sweeping, uninterrupted views across the Melbourne skyline. A key highlight is that both bedrooms feature windows, creating bright, inviting spaces ideal for relaxing or entertaining while enjoying the impressive city outlook. The apartment combines comfort and practicality in a prime CBD location. Set directly opposite Southern Cross Station, the address offers outstanding convenience. You're just moments from Crown Melbourne, Southbank Promenade, DFO South Wharf, and the Yarra River, along with Melbourne's major retail, dining, and entertainment precincts. Leading universities and extensive public transport options are also within easy reach. Inside, the apartment features a light-filled open plan living and dining area, complemented by a modern kitchen with quality appliances. Both bedrooms are generously sized, complete with built-in robes and floor-to-ceiling windows that maximise natural light and views. Residents enjoy access to a full suite of premium amenities, including a swimming pool, gym, spa, and communal lounge areas. A well-balanced opportunity for both owner-occupiers and investors seeking a quality CBD property with strong lifestyle appeal.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
2 months ago

Repayment calculator

$2,254/month
$1,127 /fortnight
Loan $372,000 at 6.10% over 30 years

Upfront costs

Deposit$93,000
Stamp duty$22,970
Conveyancing (est.)$2,000
Total upfront$117,970
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 7% below the $500,000 median of 80 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

  • Stop 3: Flagstaff Station (tram)433 m away
  • EzyMart631 m away
  • Unnamed129 m away
  • Unnamed142 m away
  • Angliss Rain Garden218 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

Listing price changes

1 price change recorded for this property

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