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401/500 Flinders Street, Melbourne, VIC 3000

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For sale

401/500 Flinders Street

Melbourne, VIC 3000

1

1

unit - standard

Built: 1975

External: 493m²

Internal: 58m²

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Ben Gaythorpe

Expressions of Interest High above the invigorating city buzz, this neatly presented studio apartment is filled with tree-top views over the Melbourne Aquarium and out to the Crown Towers and Entertainment Complex. Near the corner of thriving King Street and just a few short steps to the banks of the Yarra River, it's an easy stroll to Southern Cross train station and the never-ending choice of top-rated restaurants, bars and cafes that fill Southbank and the CBD. Within a secure development, the simple fourth-floor design features a kitchenette and bathroom. An absolute showstopper, head up to the rooftop with friends to soak up the breathtaking panorama of the Yarra River and Southbank's shimmering towers. This is a great opportunity to add a cash-flow gem to your investment portfolio or to take that exciting first step up the property ladder.

Valuation estimates

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Rental income estimate and range

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Estimated repayments

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$1,405/month
30 yrsLoan term
5.09%Interest rate
7.19%Comparison rate

Median unit price trends

Comparing the price trend of units in Melbourne against the state of Victoria over the last 5 years. Source: CoreLogic

Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Sold
Oct 2024

$175,000

Listed for sale
Sep 2024

$180,000 - $198,000

Rental
Nov 2022

$310 Per Week

Rental
Nov 2020

$250 Per Week

Comparable properties

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Planning overlays and zoning

Overlays and zoning could mean potential building restrictions or standards due to environmental impacts or government regulations.

Bushfire
Not detected

We haven't detected bushfire overlays on this property.

Flood
Not detected

We haven't detected flood overlays on this property.

Heritage
Not detected

We haven't detected heritage overlays on this property.

Zoning
Not detected

We haven't detected zone code on this property.

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

44 Days

House median days on market

44 Days

Unit median days on market

1,014 Properties

Sold in last 12 months

716 Properties

Available in the last month

Melbourne residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

19-30

Is the most common age range

Renters

Most common occupant type

Other

Most common household profile

Professionals

Most common occupation

Apartments

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Wesley College

K - Yr 12

Independent

In catchment

Eltham College - Lonsdale Street Campus

K - Yr 12

In catchment

Melbourne Grammar School

K - Yr 12

Independent

In catchment

Get a wider view

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Melbourne

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Melbourne Council

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Victoria

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Explore surrounding suburbs

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