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Back 1017/408 Lonsdale Street
Off Market

1017/408 Lonsdale Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $300,000
Alexander SubotschAlexander Subotsch, last sold this property on 15 June 2026 after 5 days on market.

Overview

Sunlit CBD Living With A Rare Oversized Balcony

Perfectly positioned in the vibrant heart of Melbourne's CBD, this inviting one bedroom, one bathroom apartment delivers an exceptional combination of lifestyle, convenience and investment appeal. Set within the well-established 408 Lonsdale Street complex, the residence enjoys a highly sought-after location moments from Melbourne Central, Queen Victoria Market, Flagstaff Gardens, RMIT University, major transport connections and the city's renowned dining and shopping precincts. Designed for effortless inner-city living, the apartment features a functional open-plan layout where the kitchen, living and dining domain flows seamlessly to a generously proportioned balcony. Extending across the width of the apartment and accessible directly from the living area, this impressive outdoor space provides a rare extension of the living environment and offers the perfect setting for entertaining, relaxing or enjoying the city atmosphere. The spacious bedroom is privately positioned and fitted with built-in robes, while large windows allow natural light to filter throughout the home. A well-appointed bathroom complements the accommodation, while laundry facilities and a practical floorplan maximise both convenience and functionality. The building itself has long been popular with owner-occupiers and investors alike, benefiting from secure entry and a central location that places Melbourne's best amenities at your doorstep. Residents enjoy easy access to universities, retail destinations, cafés, restaurants, public transport and some of the city's most iconic attractions, making it an ideal base for professionals, students and those seeking a low-maintenance city residence. Whether you're searching for your first home, a city pied-à-terre or a smart addition to your investment portfolio, this light-filled apartment presents an outstanding opportunity to secure a foothold in one of Melbourne's most connected and convenient locations.

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 1017/408 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 1017/408 Lonsdale Street

2026
Sold
$300,000
Private Sale/Treaty on 15 Jun 2026 by Alexander Subotsch, of Gotham Property
2024
Rented
Undisclosed
Leased on 15 Nov 2024 by First National Avant Real Estate
2023
Rented
Undisclosed
Leased on 15 Jun 2023 by First National Avant Real Estate

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 125 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 590 one-bedroom apartments similar to 1017/408 Lonsdale Street, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 14 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
  •  19 Reviews in Melbourne
  •  14 Sales in Melbourne
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Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

  •   4.9   (240 reviews)
  •  17 Reviews in Melbourne
  •  55 Sales in Melbourne
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Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and reliable

  •   5   (120 reviews)
  •  18 Reviews in Melbourne
  •  13 Sales in Melbourne
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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 12 local sales and collected 9 local reviews across the last 12 months.

  •   5   (60 reviews)
  •  9 Reviews in Melbourne
  •  12 Sales in Melbourne
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