Back 1016/408 Lonsdale Street
Off Market

1016/408 Lonsdale Street

Melbourne VIC 3000

1
1
Apartment
Gio CampagnaroGio Campagnaro, last sold this property on 26 July 2026 after 41 days on market.

Overview

Seize This Affordable and Low-Maintenance City Pad!

With the bustling energy of the city below along with a Melbourne lifestyle that will never get boring, this smart and well-appointed apartment will be impossible to ignore. Whether you're a first-time buyer wanting to experience the CBD for the first time, or an investor who desires to gain a foothold into one of the world's most liveable cities, this 1-bedroom abode is as low-maintenance as they get! Quality timber floors are a dominant feature of so much of the apartment, including the easy-care north-facing living/meals zone which has the presence of high ceilings. The balcony, which enjoys seamless access from the living area and sensational northern light, is quite large and provides the ultimate space for weekend dinners and that much-needed early morning coffee. • The ease of this property makes it the perfect 'lock-up and leave' opportunity • Well-sized bedroom boasts excellent natural light and built-in robe storage • Tasteful bathroom • Laundry facilities • Secure intercom entry • In the heart of the city close to Hardware Lane eateries and Chinatown restaurants • Not far from Melbourne Central with shops and train station • Close to Bourke Street Mall and Emporium Melbourne • Easy trip to Queen Victoria Market and Flagstaff Gardens • Renowned universities close by • In the free tram zone • Close to Flagstaff Station and Southern Cross Station

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1016/408 Lonsdale Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
34
Estimated value trend
2%
increase 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 1016/408 Lonsdale Street

2026
Sold
Undisclosed
26 Jul 2026 by Gio Campagnaro, of Inner Real Estate NextRE
2024
Sold
$250,000
27 Mar 2024 by Anthony Cimino, of Inner Real Estate NextRE
2009
Sold
Undisclosed
Private Sale/Treaty on 08 Apr 2009

Happy sellers in Melbourne

86%
86% 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 126 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 589 one-bedroom apartments similar to 1016/408 Lonsdale Street, have been sold.

This represents a 22% increase in one-bedroom apartments sales when compared to the previous 12 months.

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