1615/250 Elizabeth Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
FOR SALE
$398,000

1615/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Investment Opportunity - 250E Elizabeth Street

Currently leased until July 2027, this one bedroom plus study apartment located on level 16, of the popular 250E complex, close Myer, David Jones, Melbourne Central, Bourke Street Mall, iconic lane ways, Melbourne University, RMIT, QV Market, cafes, restaurants, trams right out front and so much more of Melbourne’s lifestyle very close by. Featuring plenty of natural light and views. Appreciate the spacious living room, heating & cooling, the well appointed kitchen area, dishwasher, gas cooking and plenty of cupboard space. The large main bedroom includes mirrored built in robes and there is a smaller single size bedroom or study also with built in robes. A stylish central bathroom and separate Euro Style laundry facilities. Residents’ amenities, including secure entry, swimming pool, gymnasium, sauna, communal BBQ area and building manager.
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Property Details for 1615/250 Elizabeth St, Melbourne

1615/250 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Dingle Partners - Melbourne.

Building Type
Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,778 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:

  • The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 288 properties listed for sale, and 278 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2443 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Robert Eggers
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Dingle Partners - Melbourne
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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.