Back 103/238 Flinders Lane
Off Market

103/238 Flinders Lane

Melbourne VIC 3000

1
1
Studio

Overview

Flinders House – Circa 1860 Significant and proven returns from Airbnb & short-term rentals!

This charming heritage-listed studio apartment is positioned perfectly in Melbourne's vibrant cultural precinct. Nestled on the first floor, this immaculate apartment promises a solid return, currently operating with strong returns on the short-term stay market or an excellent investment choice of approximately 7% on the long-term rental market. Boasting modern sophistication, the apartment features an open-plan lounge and dining area seamlessly connected to a contemporary kitchen equipped with premium Bosch appliances and ample pantry space. A generously sized bedroom offers built-in robes, complemented by a sleek modern bathroom. Additional highlights include separate laundry, ceiling fan, secondary glazing, and secure intercom access. Positioned for convenience, this property is ideal for both owner-occupiers and astute investors alike. Enjoy the proximity to iconic destinations such as Degraves Street, fashionable Flinders Lane boutiques, and major transport hubs including Flinders Street train station. Don't miss out on this exceptional opportunity to own a piece of historic Melbourne real estate, you will just love everything this location has to offer. Offered with vacant possession.

Features

1 bedroom
1 bathroom
Studio

Estimated Value

Based on this property and similar 1 bedroom studios sold in Melbourne over the last 12 months, the estimated median property value of 103/238 Flinders Lane is $220k.

Median value
$220k
Estimated value range
$145k - $239k
Median days on market
34
Estimated value trend
-3%
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 103/238 Flinders Lane

2025
Rented
Undisclosed
Leased on 24 Apr 2025 by Inner Real Estate NextRE
2025
Sold
Undisclosed
27 Feb 2025

Happy sellers in Melbourne

83%
83% 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 128 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom studios in Melbourne

In the last 12 months, 15 one-bedroom studios similar to 103/238 Flinders Lane, have been sold.

This represents a 43% increase in one-bedroom studios sales when compared to the previous 12 months.

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