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Sold on 02 Oct 2024 for $285,000

606/589 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 57m2
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Property Details for 606/589 Elizabeth St, Melbourne

606/589 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
57m2
Local Government
Melbourne
Lot/Plan
606/PS646121

Last Listing description (October 2024)

A low-rise offering of light-filled luxury, this elegant 1 bedroom apartment rises above the pack within footsteps of iconic Queen Victoria Market. Explore this very special neighbourhood and discover transport options including trams on your doorstep, the hospitals precinct, Melbourne University, RMIT and the open greenery of Flagstaff Gardens. Convenience is all yours for the taking!

A chef-friendly kitchen showcases smooth stone surfaces, soft-closing cabinetry, a Fisher and Paykel dish-drawer and high-performing Bosch appliances including a 4-burner gas cooktop. A streamlined layout boasts zones for spacious living and dining, before connecting with an east-facing undercover balcony capturing the warmth of morning sunlight with ease. Sit back and relax with picturesque views towards the city skyline while overlooking the tree-lined boulevard below. The generously sized bedroom is serviced by built-in robes and a gleaming bathroom with mirrored cabinetry, full-height tiles and marble detailing.

Elevated to perfection on the sixth floor of the designer E589 complex, additional features include split-system heating and cooling, a Euro-style laundry, an inviting hallway entrance, NBN readiness, video intercom entry and handy lift access. Be quick as this one is priced to sell!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 606/589 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$285,000
02 Oct 2024
Listed for Rent
$500/w
18 Mar 2023
  • 02 Oct 2024
    Sold for $285,000
  • 21 Aug 2024
    Listed for Sale $285,000
  • 05 Jul 2024
    Listed for Rent $540 / 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 61,356 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 303 properties listed for sale, and 268 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2076 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.