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Back 1308/557 Little Lonsdale Street
Off Market

1308/557 Little Lonsdale Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $295,000
Jason XiJason Xi, last sold this property on 19 February 2026 after 213 days on market.

Overview

Profitable Investment in Melbourne CBD

Located at 1308/557-561 Little Lonsdale Street, this investment-ready one-bedroom apartment offers $470 per week return, an attractive prospect for savvy investors. With proximity to Melbourne Central and bustling Queen Victoria Market, the location promises high demand and rental yields. Immerse in the thriving Melbourne lifestyle from this urban haven. • Strong rental yield at $470 per week • One-bedroom, one-bathroom design with tenant in place • Desirable city location with high demand for rentals • Proximity to Melbourne Central (5 min walk) • Potential for interior upgrades to boost returns • Durable and elegant modern fit outs • Low-maintenance, energy-efficient design • Generous storage including built-in robe • Urban convenience with nearby city gardens • Close to RMIT and professional job centres • Quick commuter access via local transport hubs Perfectly positioned in the heart of Melbourne, this address offers unmatched convenience with Southern Cross Station just moments away. Surrounded by top educational institutions like RMIT and University of Melbourne and close to major hospitals. Enjoy nearby attractions including Flagstaff Gardens, Queen Victoria Market and a vibrant café and dining scene. Photo ID required at all our open for inspections and auctions. We may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior. Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

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 1308/557 Little Lonsdale Street is $350.06k.

Median value
$350.06k
Estimated value range
$39k - $935k
Median days on market
36
Estimated value trend
1%
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 1308/557 Little Lonsdale Street

2026
Sold
$295,000
19 Feb 2026 by Jason Xi, of McGrath Clayton

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 132 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 604 one-bedroom apartments similar to 1308/557 Little Lonsdale Street, have been sold.

This represents a 11% increase in one-bedroom apartments sales when compared to the previous 12 months.

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