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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

500 Flinders Street
Melbourne, VIC 3000

$199,000

Apartment 1 bath
Listed: 3 days ago
Updated: 2 days ago
Overview

Situated in the heart of Melbourne's bustling CBD, this thoughtfully designed studio apartment offers a compact yet efficient living space ideal for those seeking city convenience. With around 23 square meters of floor area, the apartment optimally utilizes its space through an open-plan layout combining living, dining, and sleeping zones, complemented by a functional kitchen and a well-appointed bathroom.

The property's streamlined design promotes an easy-care lifestyle with minimal maintenance, making it an appealing choice for first-home buyers, city workers, or investors aiming to capitalize on the vibrant inner-city rental market.

Residents benefit from immediate access to a range of urban amenities. Just a short stroll away are key transport hubs like Flinders Street Station and free city trams, while lifestyle destinations such as Southbank, Crown Entertainment Complex, cafes, restaurants, supermarkets, and universities are all within easy reach. This connectivity facilitates a seamless blend of work, study, and leisure in one of Melbourne's most dynamic precincts.

  • Studio apartment with one bathroom offering comfortable city living
  • Functional open-plan layout maximizes use of the 23sqm internal space
  • Practical kitchen with ample storage suited to everyday needs
  • Low-maintenance design ideal for busy individuals or investors
  • Highly accessible location near major transport, entertainment, and educational facilities
  • Owners Corporation and council outgoings reflect typical city apartment costs

Overall, this apartment presents a compelling opportunity to secure an affordable urban residence or investment with strong tenant appeal in Melbourne’s sought-after CBD.

Local Market Insights

In Melbourne, Quiet Listings observed 142 new apartments entering the market over the last 30 days, down from 147 during the previous 30-day period, with an average advertised asking price of $583,514. The property type mix of listed properties is predominantly Apartments at 93%, followed by commercial properties (4%), and land (2%). Melcorp Real Estate was the most active agency in this area, representing 30.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
500 Flinders Street
Melbourne VIC 3000
Measurements
Type Dimensions
Floor Area 23 m²
Market Insights for Melbourne VIC 3000
New Listings (last 30 days)
142
Average price
$583,514
Lowest price
$185,000
Highest price
$3,000,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.