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Back 504/541-557 Lonsdale Street
Off Market

504/541-557 Lonsdale Street

Melbourne VIC 3000

2
1
50.1 m²
Apartment
Lucas ChenLucas Chen, last sold this property on 05 June 2025 after 77 days on market.

Overview

2 BEDROOM UNIT WITH 8%+ RETURN

Proper 2 bedroom apartment with floor to ceiling windows! It will not last for much longer. Offer 8%+ return. Now is the ideal time to invest in Melbourne CBD. This centrally located apartment offers an exceptional opportunity for both first-time buyers and savvy investors seeking a blend of affordability, practicality, and convenience. Situated in the heart of Melbourne, this apartment boasts ample natural light streaming through floor-to-ceiling windows in a low-maintenance building. Here's what awaits you: Option 1: Personal Residence Enjoy unparalleled convenience with universities, train stations, restaurants, cafes, shops, markets, parks, hospitals, stadiums, and theatres all within walking distance or a short tram ride away. Indulge in first-class dining and entertainment with Queen Victoria Market, Melbourne Central, Chinatown and Carlton Gardens just a stone's throw away. Option 2: High-Yield Investment Maximize your returns with rental potential: 2-bedroom unit rent at $520 per week Option 3: Holiday Home with Income Use the property as your personal holiday retreat and capitalize on Airbnb during peak seasons for additional income. Melbourne consistently ranks as one of the world's most liveable cities, renowned for its thriving business environment, vibrant arts and culture scene, top-tier educational institutions, and extensive sports facilities. Seize this opportunity now – Melbourne awaits with its unbeatable lifestyle and investment potential. Don't miss out on securing your place in this dynamic city. (PHOTO ID REQUIRED AT OPEN FOR INSPECTION) NOTE: Link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All dimensions, sizes & layout are approximate and for illustrative purposes only. The producer or agent cannot be held responsible for any errors, omissions or misstatements.

Features

2 bedrooms
1 bathroom
50.1 m² floor area
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 504/541-557 Lonsdale Street is $545.56k.

Median value
$545.56k
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 504/541-557 Lonsdale Street

2025
Sold
Undisclosed
05 Jun 2025 by Lucas Chen, of Jalin Realty Australia

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 2 bedroom apartments in Melbourne

In the last 12 months, 817 two-bedroom apartments similar to 504/541-557 Lonsdale Street, have been sold.

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

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Catherine Sheo

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