Back 501/408 Lonsdale St
Off Market

501/408 Lonsdale St

Melbourne VIC 3000

1
1
Apartment
Last sold for $312,000
Alexander SubotschAlexander Subotsch, last sold this property on 05 March 2026 after 17 days on market.

Overview

Effortless CBD Living In A Prime Location

Positioned in the vibrant heart of Melbourne's CBD, 501/408 Lonsdale Street offers an exceptional opportunity to secure a stylish and low-maintenance apartment in an unbeatable city location. Designed for effortless inner-city living, the well-proportioned layout features a light-filled open plan living and dining area that provides a comfortable space to relax or entertain. Large windows invite natural light while framing an urban outlook, creating a welcoming and airy atmosphere throughout. The adjoining kitchen is thoughtfully arranged for functionality, complete with ample storage, quality appliances and integrated washing machine facilities for added convenience. The generously sized bedroom is privately set apart and features built-in-storage, offering a serene retreat from the energy of the city below. A central bathroom with full-size shower and modern fittings completes the accommodation with clean, contemporary appeal. An ideal choice for first home buyers, investors or professionals seeking a city base, this apartment places you moments from Melbourne Central, Emporium, Queen Victoria Market, universities, cafés, restaurants and multiple public transport options. Embrace the ultimate lock-and-leave lifestyle with everything you need right at your doorstep.

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 501/408 Lonsdale St is $344.17k.

Median value
$344.17k
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 501/408 Lonsdale St

2026
Sold
$312,000
Private Sale/Treaty on 05 Mar 2026 by Alexander Subotsch, of Gotham Property
2016
Sold
$290,000
Private Sale/Treaty on 30 Oct 2016 by Matthew Cahill, of City Residential Real Estate

Happy sellers in Melbourne

82%
82% 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 134 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 501/408 Lonsdale St, have been sold.

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

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