OFF MARKET

1607/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 16 Sep 2024
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Property Details for 1607/250 Elizabeth St, Melbourne

1607/250 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
1607/PS431573

Last Listing description (September 2023)

Located literally in the centre of Melbourne CBD, this spacious 1 bedroom apartment (60 sqm/approx) with new carpet is in a dream location. You cannot get more central than this location. Via the resident only passage you can enter The Strand and Emporium without having to step outside in the rain or cold, from here you are able to access Myer, David Jones and Melbourne Central via the air bridges and shopping tunnels.

An extremely well-lit apartment with the wall to wall windows and an amazing view over the rooftops of Melbourne, this incredible apartment is suitable for long term occupation for the new owner or investment.

The apartment itself has gas cooking, plenty of cupboards and storage, plus a large bedroom with walk in robe and a matching large bathroom.

On the roof top is a large heated pool and a well-ventilated gym.

Many people in the past have asked for an apartment in this building, this is your opportunity to beat them to this great opportunity.

Property Code: 481

Property History for 1607/250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
15 Sep 2023
  • 11 Sep 2023
    Sold for $387,500
  • 25 Aug 2023
    Listed for Sale $400,000
  • 02 Sep 2020
    Listed for Sale $415,000
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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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Disclaimer
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.