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610/565 Flinders Street, Melbourne$340,000
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For Saleapartment

610/565 Flinders Street

Melbourne, VIC 3000, Australia
$330,000 – $350,000
1 bed 1 bath

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About this property

This bright and generously proportioned one-bedroom, one-bathroom apartment offers a smart and versatile choice for first home buyers, downsizers, and investors alike. Currently rented at $530 per week, it delivers immediate income for investors while providing a low-maintenance, lock-up-and-leave lifestyle that suits those seeking simplicity and convenience. The open-plan living and dining area is filled with natural light and opens directly onto a private balcony with city views. The modern kitchen features quality finishes and stainless-steel appliances, while the spacious bedroom comfortably accommodates a queen-sized bed with room for extra storage or a small study area. A contemporary bathroom with integrated laundry and reverse cycle air conditioning completes the home. Residents enjoy secure intercom entry in a well-managed building. The location is outstanding just a short walk to Southern Cross Station, Flinders Street Station, the free tram zone, Yarra River promenade, Crown Entertainment Complex, and vibrant Southbank dining. Everything you need is right at your doorstep, with no car required. For first home buyers, this is an affordable entry into Melbourne CBD living with modern finishes and excellent transport links. Downsizers will appreciate the low-maintenance design, central convenience, and ease of living without the burden of upkeep. Investors benefit from strong rental demand in a proven precinct, consistent income, and the potential for long-term capital growth in one of Melbourne's most resilient markets. This is a bright, well-presented apartment that offers lifestyle, convenience, and strong returns ideal whether you plan to live in it or add it to your portfolio. Key Features One bedroom, one bathroom Private balcony with city views Open-plan living with abundant natural light Modern kitchen with stainless steel appliances Spacious bedroom with a mirrored built-in wardrobe Contemporary bathroom with integrated laundry Reverse cycle air conditioning Currently tenanted at $530 per week Prime CBD location near Southern Cross Station and free tram zone For Inspections or Enquiries Maggie Wang, M: 0492 831 425, Email: maggie.wang@fletchers.net.au Harpreet Walia, M: 0451 226 509, Email: harpreet.walia@fletchers.net.au Fletchers Office: 03 9131 4000

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
4 weeks ago

Repayment calculator

$1,648/month
$824 /fortnight
Loan $272,000 at 6.10% over 30 years

Upfront costs

Deposit$68,000
Stamp duty$15,470
Conveyancing (est.)$2,000
Total upfront$85,470
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 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 27% below the $465,000 median of 73 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)853 m away
  • Rapha1.1 km away
  • Market Street Park529 m away
  • Unnamed707 m away
  • Unnamed779 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

Listing price changes

1 price change recorded for this property

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