Back 408/500 Flinders Street
Off Market

408/500 Flinders Street

Melbourne VIC 3000

1
Studio
Anthony CiminoAnthony Cimino, last sold this property on 30 July 2026 after 27 days on market.

Overview

CBD Convenience Starts Here

Positioned in the heart of Melbourne's CBD, this well-presented studio apartment offers an outstanding opportunity to secure an affordable city home or a smart investment in one of Melbourne's most connected locations. Whether you're entering the market, expanding your portfolio or searching for a convenient city base, this is a lifestyle defined by accessibility and everyday convenience. Designed to make the most of its approximately 23sqm floorplan, the apartment features an open-plan living, dining and sleeping zone complemented by a functional kitchen and a well-appointed bathroom. The practical layout creates a comfortable, low-maintenance space that's easy to enjoy while offering strong appeal for both owner-occupiers and investors. Located at 500 Flinders Street, Melbourne, you'll have the very best of the city at your doorstep. Walk to Flinders Street Station, free city trams, Southbank, Crown Entertainment Complex, riverside dining, supermarkets, universities and Melbourne's renowned café and restaurant scene. Everything you need for work, study and leisure is only moments away. Property Highlights · Studio apartment · One bathroom · Approximately 23sqm internal area · Functional open-plan living and bedroom layout · Practical kitchen with ample storage · Low-maintenance city living · Ideal first home, city base or investment · Walking distance to Flinders Street Station · Close to Southbank, Crown, cafés, restaurants and everyday amenities · Easy access to public transport, universities and Melbourne's business precinct Outgoings (approx.) · Owners Corporation: $2,986 per annum · Council Rates: $565 per annum · Water Rates: $722 per annum Rental Return · $450 per week

Features

1 bathroom
Studio

Estimated Value

Based on this property and similar studios sold in Melbourne over the last 12 months, the estimated median property value of 408/500 Flinders Street is $187.5k.

Median value
$187.5k
Estimated value range
$150k - $275k
Median days on market
27
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 408/500 Flinders Street

2026
Sold
Undisclosed
Private Sale/Treaty on 30 Jul 2026 by Anthony Cimino, of Inner Real Estate NextRE

Happy sellers in Melbourne

81%
81% 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 125 reviews in Melbourne over the last 12 months.

Local market activity for studios in Melbourne

In the last 12 months, 7 studios similar to 408/500 Flinders Street, have been sold.

This represents a 67% increase in studios sales when compared to the previous 12 months.

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