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Back 1405/38 Rose Lane
Off Market

1405/38 Rose Lane

Melbourne VIC 3000

2
1
Apartment
Last sold for $420,000
Jamie FanJamie Fan, last sold this property on 12 October 2025 after 79 days on market.

Overview

Stylish City Sanctuary with a Dream Lifestyle on Offer

A stylish illustration of free-flowing space, this flawless 2 bedroom apartment is an affordable match for market entrants, city professionals and keen investors with convenience at the top of your list. Every lifestyle indulgence is on offer from your doorstep. Take a short walk to laneway cafes, Southern Cross trains, multiple bus routes including SkyBus, universities, Spencer Street shopping, Marvel Stadium, and the open greenery of Flagstaff Gardens. Neatly nestled on the 14th floor of the resort-inspired Fifth Apartment complex, spacious open-plan living/dining is complemented by a chef-friendly kitchen boasting stone benchtops, a breakfast bar, and stainless-steel appliances including an integrated microwave, full-sized dishwasher and a gas cooktop. Enjoy an undercover balcony stretching out in northeastern light, the ideal perch for alfresco entertaining framed by the stunning city skyline. Both substantially sized and robed bedrooms are serviced by a designer bathroom with mirrored cabinetry and floor-to-ceiling tiles. Showcasing freshly painted bedrooms and bathroom, take advantage of a European laundry, split-system heating and cooling, brand-new floorboards, double glazing, and roller blinds. The Fifth complex is graced with a concierge, intercom entry, and resort-style use of a pool, spa, well-equipped gym, a function room, rooftop garden, and shared lounge/dining/BBQ space. Inspect today! A stylish illustration of free-flowing space, this flawless 2 bedroom apartment is the perfect match for market entrants, city professionals and keen investors searching for CBD convenience. Every lifestyle indulgence is on offer from your doorstep! * 2 spacious, freshly painted bedrooms with built-in robes * Roomy open-plan living and dining * Well-equipped kitchen with sleek stone surfaces and stainless-steel appliances * Luxe newly painted bathroom with a fully tiled shower area * European laundry * Covered northeast-facing balcony with neighbourhood views * Split-system heating and cooling * Double glazing * Roller blinds * New lightly toned floorboards * Intercom entry * Resort-style facilities Nearby * Southern Cross Railway Station * Multiple bus routes * SkyBus * Spencer Outlet Centre * Flagstaff Gardens * Marvel Stadium * Crowd-pleasing cafes and restaurants * World-class universities * Haileybury College * Zoned to Docklands Primary School and University High School

Features

2 bedrooms
1 bathroom
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 1405/38 Rose Lane is $545.47k.

Median value
$545.47k
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 1405/38 Rose Lane

2025
Sold
$420,000
12 Oct 2025 by Jamie Fan, of VICPROP – CBD
2024
Rented
Undisclosed
Leased on 02 Feb 2024 by MRE
2023
Rented
Undisclosed
Leased on 29 Jan 2023 by MRE

Happy sellers in Melbourne

80%
80% 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 135 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 817 two-bedroom apartments similar to 1405/38 Rose Lane, have been sold.

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

Nearby agents

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Dionne Wilson

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 13 local sales and collected 19 local reviews across the last 12 months.

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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 honest

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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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