Back 805/380 Little Lonsdale Street
Off Market

805/380 Little Lonsdale Street

Melbourne VIC 3000

1
1
40 m²
Apartment
Last sold for $320,000
Tom PriorTom Prior, last sold this property on 13 July 2025 after 299 days on market.

Overview

Investors Dream - 8.5% Gross return

Bank Finance Available - 40SQM Long term tenant in place paying $520 p/w, partnered with minimal owner's corporation fees under $700 per quarter, this property ensures financial ease and impressive 7% net yields this is a property you do not want to miss Experience the ultimate in urban living with this contemporary one-bedroom apartment, perfectly positioned in the heart of the CBD. Offering both comfort and convenience, this residence is an ideal choice for those seeking a modern city lifestyle. The apartment features a stylish kitchen with a sleek stone benchtop. Relax on your private undercover balcony, and stay comfortable year-round with the efficient split system heating and cooling. Residents have access to excellent amenities, including a fully-equipped gym, a heated pool, and secure bicycle storage. The building is well-maintained with an on-site manager and offers well-kept common areas. Additionally for investors this apartment presents a fantastic rental opportunity, with similar units in the building achieving rental returns of up to $500 per week. This high rental demand underscores the appeal and value of this property, making it a smart choice for anyone seeking both a stylish home and a lucrative rental return. Its prime location adds incredible value: just 200 meters from Melbourne Central and Flagstaff Train Stations, 150 meters from Flagstaff Gardens (Melbourne's oldest park), and 200 meters from the Queen Victoria Market, renowned for its fresh produce. The apartment is also conveniently close to major universities, colleges, schools, shopping centers, and falls within the free tram zone.

Features

1 bedroom
1 bathroom
40 m² floor area
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 805/380 Little Lonsdale Street is $345.95k.

Median value
$345.95k
Estimated value range
$39k - $935k
Median days on market
36
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 805/380 Little Lonsdale Street

2025
Rented
Undisclosed
Leased on 24 Dec 2025 by BRADY residential
2025
Sold
$320,000
13 Jul 2025 by Tom Prior, of BRADY residential
2025
Rented
Undisclosed
Leased on 11 Mar 2025 by BRADY residential

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 1 bedroom apartments in Melbourne

In the last 12 months, 585 one-bedroom apartments similar to 805/380 Little Lonsdale Street, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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