Back 403/408 Lonsdale Street
Off Market

403/408 Lonsdale Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $259,000
Alexander SubotschAlexander Subotsch, last sold this property on 26 February 2026 after 9 days on market.

Overview

Functional And Convenient Living In Melbourne CBD

Set in the vibrant heart of Melbourne's CBD, 403/408 Lonsdale Street presents an outstanding opportunity to secure a smart and affordable city residence in an unbeatable location. Cleverly designed to maximise space, the apartment offers a streamlined layout with a light-filled living and dining zone that flows effortlessly into a well-appointed kitchen complete with ample cabinetry and functional bench space. The thoughtful configuration creates a comfortable environment for everyday living while maintaining a practical and low-maintenance appeal. The generously sized bedroom is positioned for privacy and comfort, offering excellent proportions and natural light, while built-in-storage enhances functionality. A central bathroom with shower, vanity and toilet is neatly presented and easily accessible from both the living area and bedroom, ensuring convenience and ease. Ideal for first home buyers, city professionals or astute investors, this residence delivers the ultimate lock-and-leave lifestyle. Step outside and immerse yourself in everything Melbourne has to offer, with Melbourne Central, Emporium, Queen Victoria Market, universities, public transport, cafés and renowned restaurants all just moments from your door. This is inner-city living made simple, secure and superbly connected.

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 403/408 Lonsdale Street is $344.58k.

Median value
$344.58k
Estimated value range
$39k - $935k
Median days on market
37
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 403/408 Lonsdale Street

2026
Sold
$259,000
Private Sale/Treaty on 26 Feb 2026 by Alexander Subotsch, of Gotham Property
2023
Rented
Undisclosed
Leased on 18 Dec 2023 by Gotham Property

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 apartments in Melbourne

In the last 12 months, 582 one-bedroom apartments similar to 403/408 Lonsdale Street, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

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