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Sold on 11 Dec 2024 for $400,000

603/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 69m2
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Property Details for 603/225 Elizabeth St, Melbourne

603/225 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2001. The property has a floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
69m2
Local Government
Melbourne
Lot/Plan
603/PS429256

Last Listing description (December 2024)

Experience the pinnacle of city living at 'The Nova,' a stunning 2-bedroom apartment located in the heart of Melbourne's vibrant CBD. This contemporary residence features an open-plan living and dining area complete with a built-in desk, perfect for working from home. The modern kitchen boasts stainless steel appliances and ample cupboard space, ideal for culinary enthusiasts.

Both bedrooms come with built-in robes, with the master bedroom offering direct access to the sleek central bathroom featuring a relaxing bath. Additional conveniences include a European laundry, heating and cooling for year-round comfort, and a secure intercom system.

Step out onto your private balcony to enjoy the city's dynamic energy. Residents of 'The Nova' can also take advantage of the building's state-of-the-art gym.

Conveniently situated on Elizabeth Street, you'll be within walking distance of iconic Melbourne attractions such as Chinatown, Emporium Melbourne, Myer, H&M, tram stops, and Flinders Street Station. 'The Nova' offers an exceptional urban lifestyle for anyone looking to live amidst the best that Melbourne has to offer.

Property size is only an estimate.

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Property History for 603/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$400,000
11 Dec 2024
Listed for Rent
$435/w
02 Mar 2022
  • 11 Dec 2024
    Sold for $400,000
  • 12 Jul 2024
    Listed for Sale $550,000-$570,000
  • 01 Mar 2022
    Listed for Rent $435 / 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 61,547 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 386 properties listed for sale, and 339 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2217 properties were sold in the past 12 months in Melbourne.

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