Back 1006/408 Lonsdale Street
Off Market

1006/408 Lonsdale Street

Melbourne VIC 3000

1
Studio
Last sold for $215,000
Philip MiddlemissPhilip Middlemiss, last sold this property on 16 June 2025 after 3 days on market.

Overview

Heart of Melbourne

Positioned in the vibrant heart of Melbourne’s CBD, this light-filled 1-bedroom studio at 1006/408 Lonsdale Street is a fantastic opportunity for first-home buyers, students, or investors. Currently vacant with no restrictions on use, the apartment features a functional open-plan layout with a kitchenette, tidy bathroom, and abundant natural light. Situated in a secure building with lift access and intercom entry, it offers low-maintenance living in a prime location. Enjoy easy access to Melbourne’s public transport network, with Melbourne Central Station, tram lines, and bus routes just minutes away. Walk to RMIT, Flagstaff Gardens, Queen Victoria Market, and a wide array of shopping and dining options. Contact Philip Middlemiss from Re-define Real Estate on +61 402 840 674 today to arrange an inspection. If you own a property in this building and would be interested in a rental or sale appraisal, please let us know. There is no cost nor obligation to you. Contact Re-define Real Estate today to register your interest.

Features

1 bathroom
Studio

Estimated Value

Based on this property and similar studios sold in Melbourne over the last 12 months, the estimated median property value of 1006/408 Lonsdale Street is $190k.

Median value
$190k
Estimated value range
$132k - $320k
Median days on market
34
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1006/408 Lonsdale Street

2025
Sold
$215,000
16 Jun 2025 by Philip Middlemiss, of Re-define Real Estate
2024
Rented
Undisclosed
Leased on 30 Apr 2024 by Re-define Real Estate

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 133 reviews in Melbourne over the last 12 months.

Local market activity for studios in Melbourne

In the last 12 months, 34 studios similar to 1006/408 Lonsdale Street, have been sold.

This represents a 9% increase in studios sales when compared to the previous 12 months.

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