Back 106/408 La Trobe Street
Off Market

106/408 La Trobe Street

Melbourne VIC 3000

2
1
71.7 m²
Apartment
Last sold for $437,500
Tom PriorTom Prior, last sold this property on 22 July 2025 after 28 days on market.

Overview

Character, Space & Location – Rare Art Deco Opportunity

Positioned within the historic Empire Apartments, this exceptional two-bedroom residence offers a unique opportunity to secure a slice of Melbourne's architectural heritage with all the comforts of modern city living. Spanning approximately 71sqm including a 5sqm balcony, the apartment showcases the classic proportions and period charm that define this tightly held 1928 Art Deco building – including soaring ceilings, decorative cornices, and a boutique low-rise ambiance rarely found in today's market. Freshly updated with new timber-look flooring and thoughtful contemporary touches, the home is superbly laid out. A large open-plan living and dining area flows onto the west-facing balcony, perfectly positioned above the leafy streetscape of Wills Street. The kitchen is house-sized and well appointed, featuring stainless steel appliances, gas cooktop, dishwasher, and ample bench and storage space – ideal for both entertaining and everyday functionality. The main bedroom offers excellent storage via a walk-through robe and direct access to the central bathroom, which includes a full-sized bathtub and European laundry. A versatile second bedroom – also ideal as a home office or study – features custom joinery and offers flexibility for guests, remote work, or quiet retreat. Secure intercom entry, lift access complete the picture, of a building which itself boasts one of the most character-filled lobbies in the CBD, with a resident culture of long-term owner-occupiers and a peaceful, well-maintained environment. Situated just steps from Flagstaff Gardens, Queen Victoria Market, the legal precinct, universities, and an abundance of public transport options, this is inner-city living with a rare sense of grace and space. Whether you're an owner-occupier seeking charm and convenience, or an investor looking for long-term growth in a tightly held complex – this is one of the best opportunities currently on the market.

Features

2 bedrooms
1 bathroom
71.7 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 106/408 La Trobe Street is $545.28k.

Median value
$545.28k
Estimated value range
$230k - $2.95m
Median days on market
48
Estimated value trend
-1%
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 106/408 La Trobe Street

2025
Sold
$437,500
22 Jul 2025 by Tom Prior, of BRADY residential

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 134 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 815 two-bedroom apartments similar to 106/408 La Trobe Street, have been sold.

This represents a 10% increase in two-bedroom apartments sales when compared to the previous 12 months.

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