402/589 Elizabeth StreetMelbourne VIC 3000
Property Details for 402/589 Elizabeth St, Melbourne
402/589 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom House and was built in 2014. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2011.
Last Listing description (November 2024)
Cleverly designed to maximise space, this streamlined apartment showcases a stylish aesthetic and magnificent city, views with its spacious interior flooded with sunlight thanks to floor-to-ceiling windows and doors opening onto the balcony. Perfect as a city base or investment, the residence enjoys easy access to RMIT, Melbourne University, Queen Victoria Market, bustling Lygon Street shops and eateries, Carlton Gardens, Royal Exhibition Building, Melbourne Museum and of course all that central Melbourne has to offer.
Two bedrooms both benefitting from built-in-robes
Central bathroom with shower, toilet and vanity
Generous dining zone and living area
Floor-to-ceiling windows and sliding doors opening onto balcony
Hidden Euro laundry
Split system heating/air conditioning
Moments from Melbourne Uni and RMIT
Walk to Queen Victoria Market and Lygon Street
Close to Carlton Gardens and the vibrant heart of the city
Property History for 402/589 Elizabeth St, Melbourne, VIC 3000
- 12 Nov 2024Listed for Rent $580 / week
- 14 Oct 2024Listed for Sale $429,000
- 17 Aug 2021Listed for Rent $300 / 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 60,822 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.
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