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510/238 Flinders St, Melbourne$175,000
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For Saleapartment

510/238 Flinders St

Melbourne, VIC 3000, Australia
$170,000 – $180,000
1 bath

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About this property

Positioned in the heart of Melbourne's iconic Flinders Street precinct, this well-presented studio apartment offers an outstanding opportunity for first home buyers, investors, or those seeking a secure and convenient city base. Located directly opposite Flinders Street Station and moments from Federation Square, the property delivers immediate access to the very best of the CBD. Lifestyle & Location Enjoy unrivalled inner-city living with Melbourne's premier attractions at your doorstep. Walk to the Yarra River, renowned laneway cafés, leading universities, restaurants, and the city's vibrant arts and entertainment precincts. Positioned within the Free Tram Zone, the entire CBD is easily accessible, while the completed Metro Tunnel further enhances connectivity. Key Features Efficiently designed studio layout with distinct zones for living, sleeping, and study Modern bathroom complemented by a practical kitchenette Secure building with lift access Excellent rental potential driven by strong demand in this prime location Building Features Secure intercom entry On-site reception and concierge Resident amenities including communal lounges, table tennis, and shared laundry facilities Outgoings (Approx.) Council Rates: $555 per annum Water Rates: $737 per annum Owners Corporation Fees: $3,163per annum

Property Details

Property Type
apartment
Listing Type
For Sale
Bathrooms
1
Listed
3 weeks ago

Repayment calculator

$848/month
$424 /fortnight
Loan $140,000 at 6.10% over 30 years

Upfront costs

Deposit$35,000
Stamp duty$5,570
Conveyancing (est.)$2,000
Total upfront$42,570
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 apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 66% 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)286 m away
  • 7-Eleven888 m away
  • Unnamed459 m away
  • Market Street Park549 m away
  • Unnamed820 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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