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Back 1203/408 Lonsdale Street
Off Market

1203/408 Lonsdale Street

Melbourne VIC 3000

1
1
40 m²
0 m²
Studio
Last sold for $235,000
Jen Lin LauJen Lin Lau, last sold this property on 20 April 2026 after 21 days on market.

Overview

Value-Packed Studio Space in the Heart of the City

A light-filled mix of streamlined style, space and simplicity, this smartly furnished studio apartment is a low-cost fit for market entrants and savvy investors. Head downstairs and the whole of the city opens up for you. Take a short stroll to Queen Victoria Market, top-ranking universities, Melbourne Central rail, retail and restaurants, free city trams, Chinatown, Hardware Lane eateries, Flagstaff Gardens, and the shopping power of QV, Emporium, and Bourke Street Mall. A chef-friendly kitchen is graced with ample storage capacity and stainless-steel appliances including a brand-new oven/cooktop, Hisense fridge, and a Westinghouse microwave. Set on the 12th floor of a well-maintained complex, the roomy living and resting zone attracts an abundance of natural light through full-width windows, while capturing commanding views over the city skyline including the Melbourne Town Hall clock tower. Take advantage of ample space to stage a Queen-sized bed, serviced by built-in robes and a bathroom with a walk-in shower. Offered for sale with the comfortable furniture on display, additional features include panel heating, shared laundry facilities, a wall-mounted Teac television, roller blinds, intercom security, lift access, and an elegant foyer. An inspection will impress! Outgoings: Council Rates: $167.19 per quarter approx. Water Rates: $185.76 per quarter approx. Owners Corporation Fees: $755.70 per quarter approx. Potential Rental Income: $440 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

1 bedroom
1 bathroom
40 m² floor area
0 m² lot size
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 1203/408 Lonsdale Street is $220k.

Median value
$220k
Estimated value range
$145k - $239k
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 1203/408 Lonsdale Street

2026
Sold
$235,000
20 Apr 2026 by Jen Lin Lau, of MICM
2025
Rented
Undisclosed
Leased on 07 Oct 2025 by Besser & Co. Estate Agents
2025
Rented
Undisclosed
Leased on 19 Aug 2025 by Besser & Co. Estate Agents

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 1 bedroom studios in Melbourne

In the last 12 months, 17 one-bedroom studios similar to 1203/408 Lonsdale Street, have been sold.

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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

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