RateMyAgentGo to search
Back 805/541-557 Lonsdale Street
Off Market

805/541-557 Lonsdale Street

Melbourne VIC 3000

1
1
42 m²
Apartment
Lucas ChenLucas Chen, last sold this property on 05 March 2026 after 22 days on market.

Overview

9%+ Yield on Proper 1 Bedroom with Balcony!

AMAZING VALUE for a proper 1 bedroom apartment! It will not be at this level for much longer. 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 potential rental of: 1-bedroom units rent $500 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. Lower price range / good & affordable properties like this apartment in CBD will earn good income, higher demand & with potential growth. (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

1 bedroom
1 bathroom
42 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 805/541-557 Lonsdale Street is $344.58k.

Median value
$344.58k
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 805/541-557 Lonsdale Street

2026
Sold
Undisclosed
05 Mar 2026 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 1 bedroom apartments in Melbourne

In the last 12 months, 581 one-bedroom apartments similar to 805/541-557 Lonsdale Street, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne

placeholder
Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

  •   4.9   (237 reviews)
  •  21 Reviews in Melbourne
  •  55 Sales in Melbourne
View profile
placeholder
Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 13 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
  •  19 Reviews in Melbourne
  •  13 Sales in Melbourne
View profile
placeholder
Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and honest

  •   5   (113 reviews)
  •  17 Reviews in Melbourne
  •  13 Sales in Melbourne
View profile
placeholder
Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (55 reviews)
  •  8 Reviews in Melbourne
  •  11 Sales in Melbourne
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap