Back 607/551 Flinders Lane
Off Market

607/551 Flinders Lane

Melbourne VIC 3000

2
1
Apartment
Last sold for $370,000
Cherie TomkinsCherie Tomkins, last sold this property on 17 September 2025 after 43 days on market.

Overview

Quintessential Inner-City Living at Morgan Place

Positioned to the east of the sought-after Morgan Place complex, this stylish two-bedroom residence presents an ideal fusion of serenity and convenience in the heart of Melbourne’s vibrant CBD. Elegant timber flooring flows seamlessly throughout the light-filled interior, enhanced by east-facing French doors that open onto a generously sized balcony—an ideal setting for morning coffee or relaxed entertaining. The well-appointed kitchen offers both functionality and style, seamlessly integrating with the open-plan living and dining area. The spacious main bedroom includes a bright, versatile study nook—perfect for a home office setup—along with built-in robe storage. Sliding doors provide flexibility and privacy while extending the living space when desired. The second bedroom also lends itself as a comfortable home office or guest room. The modern central bathroom features dual access, functioning conveniently as both an ensuite and a main bathroom. Additional features include a separate laundry, reverse-cycle heating and cooling, and secure intercom entry. Residents also enjoy exclusive access to an indoor swimming pool and gymnasium. Located just moments from Southern Cross Station and within close proximity to the SkyBus, free City Circle trams, Marvel Stadium, DFO shopping, and an array of cafes, restaurants, and entertainment venues, this residence offers an exceptional lifestyle opportunity. A perfect choice for first home buyers or astute investors seeking a prime CBD address.

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 607/551 Flinders Lane is $545.28k.

Median value
$545.28k
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 607/551 Flinders Lane

2025
Sold
$370,000
17 Sep 2025 by Cherie Tomkins, of Buxton Port Phillip - Port Melbourne

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 134 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 815 two-bedroom apartments similar to 607/551 Flinders Lane, have been sold.

This represents a 10% increase in two-bedroom apartments sales when compared to the previous 12 months.

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