SOLD
RECENT ADVICE
Sold on 09 Aug 2024 for $428,000

1005/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 1005/225 Elizabeth St, Melbourne

1005/225 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
1005/PS429256

Last Listing description (August 2024)

Expression of Interest - Closing Friday, 30th August at 12 noon ( unless Sold prior)
This delightful, light filled city apartment is nestled right in the centre of all that vibrant Melbourne has to offer. This well-cared-for 2 bedroom apartment features open plan living, dining and kitchen with good bench and storage space and stone bench tops. A sparkling central bathroom and laundry combo. A good-sized living area with great city views overlooks the Heritage Melbourne GPO, now better known as H&M Store, and Bourke Street Mall and The Emporium, only moments away.

Surrounded by eclectic bars and well known quality restaurants and eateries, you will be spoilt for choice. This quality residential building also has the tram at your door. This private, quiet apartment is a perfect city home in a fabulous location or a well-proportioned pied- a- terre, for lock up and leave. The building has a well-equipped gym and building manager too.

Property History for 1005/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$428,000
09 Aug 2024
Listed for Rent
$400/w
13 Jun 2022
  • 09 Aug 2024
    Sold for $428,000
  • 05 Aug 2024
    Listed for Sale $400,000 - $420,000
  • 10 Jun 2022
    Listed for Rent $400 / week
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,846 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 358 properties listed for sale, and 310 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2134 properties were sold in the past 12 months in Melbourne.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.