602/225 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

602/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 890m2
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Property Details for 602/225 Elizabeth St, Melbourne

602/225 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 890m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2000.

Building Type
House
Year Built
1970
Floor Size
53m2
Land Size
890m2
Local Government
Melbourne
Lot/Plan
602/PS429256

Last Listing description (November 2025)

This bright 6th floor one bedroom apartment with spacious open plan living with heating is conveniently located in the heart of the CBD in the popular Nova complex.

Standing proud and ready for your inspection, this property is freshly painted with brand new carpet and brand new holland blinds!

Master bedroom features sliding glass doors, two built in robes and heating. Modern, semi ensuite bathroom hosting a European style laundry with washer/dryer combo included.

The gally style kitchen with stainless steel benchtop and splashback includes fridge/freezer, dishwasher and microwave with gas cooktop.

This secure building also includes a gym located on the ground floor, security swipe entry, and an onsite building manager.

Perfect for your new fresh start, moments from the Bourke Street Mall, public transport and popular CBD shops, cafes, and restaurants.

"Prospective renters are required to register for the open-for-inspection to view the property. This ensures they are promptly notified of any changes or cancellations to the scheduled inspection."

Use this link to APPLY NOW! https://our.property/5QbS

Property History for 602/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$230,850
09 Jul 2000
Listed for Rent
$500/w
14 Nov 2025
  • 15 Oct 2025
    Listed for Rent $500 / week
  • 21 Mar 2024
    Listed for Rent $500 / week
  • 05 May 2021
    Listed for Rent $320 / 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 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,269 properties. Over the last 5 years, Houses in Melbourne have seen a 51.77% increase in median value, while Units have seen a -4.12% decrease. As at 31 January 2026:

  • The median value for Houses in Melbourne is $2,008,911 while the median value for Units is $433,734.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 266 properties listed for sale, and 311 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2782 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.