OFF MARKET

1605/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
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Property Details for 1605/250 Elizabeth St, Melbourne

1605/250 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2001.

Building Type
Unit
Year Built
1976
Floor Size
62m2
Local Government
Melbourne
Lot/Plan
1605/PS431573

Last Listing description (August 2018)

**ARRANGE AN INSPECTION TIME ONLINE-DETAILS BELOW**
Partially Furnished modern apartment with style in the Somerset Building.
In the heart of the CBD, This great 1 bedroom plus study or second bedroom with BIRs,

with a spacious balcony will be a delight to call home. Perched high on the 16th floor in the
ever popular Somerset Building, this address offers you a welcoming secure entrance, modern kitchen with stainless steel appliances, gas cooking, dishwasher, loads of cupboard space and an open plan study with built in robes and ducted heating and cooling. The
apartment's bedroom and lounge area have doors that you can walk out onto your own personal balcony! The central bathroom also includes a laundry with a washer/dryer.
All tastefully furnished for your comfort and convenience.
Other great features are: intercom system, on-site Building Manager, access to the swimming pool, gymnasium, sauna, out door BBQ area and a tram stop right at your door.
Arranging an inspection is simple!
To book a time to inspect, click on the Virtual Tour or Email Agent link and follow the prompts.
By registering, you will be instantly informed of any updates or changes to your appointment.

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Property History for 1605/250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$270,690
18 May 2001
Listed for Rent
$550/w
20 Aug 2018
  • 23 Jul 2018
    Listed for Rent $550 / week
  • 26 Sep 2016
    Listed for Rent $520 / week
  • 11 Sep 2015
    Listed for Rent - Price not available
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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 61,329 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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