2002/250 Elizabeth Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
FOR SALE
$645,000 - $675,000

2002/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Sunlit North-East Corner Living in the Heart of Melbourne CBD

Positioned on the 20th floor of the sought-after Somerset on Elizabeth, this north and east-facing corner apartment is bathed in natural light and offers an outstanding opportunity to enjoy the very best of Melbourne's vibrant CBD lifestyle. Combining generous proportions, functional design and an unbeatable location, this two-bedroom residence is perfectly suited to owner-occupiers and astute investors alike.
The spacious open-plan living and dining area is framed by large windows that capture abundant northern and eastern sunshine throughout the day, creating a bright and welcoming atmosphere. The well-appointed kitchen is equipped with quality appliances, ample storage and generous bench space, making everyday living both comfortable and practical.
Accommodation comprises two well-sized bedrooms with built-in robes, serviced by a centrally located bathroom, while a separate European laundry further enhances the apartment's functionality. Completing the package is the invaluable inclusion of a car space, a highly sought-after feature in the heart of the city.
Residents enjoy exclusive access to an impressive range of resort-style facilities, including a rooftop swimming pool, fully equipped gymnasium, sauna, BBQ terrace, secure intercom entry, lift access and an on-site building manager, providing comfort, convenience and peace of mind.
Perfectly positioned in Melbourne's premier retail and education precinct, you're only moments from Melbourne Central, Emporium, QV, Bourke Street Mall, Chinatown, Queen Victoria Market, RMIT University, the University of Melbourne, the State Library, Carlton Gardens and free city trams, placing world-class dining, shopping and entertainment right at your doorstep.
Offering exceptional natural light, a desirable corner position and one of Melbourne's most convenient CBD addresses, this is an outstanding opportunity to secure a quality home or investment in a consistently high-demand location.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 2002/250 Elizabeth St, Melbourne

2002/250 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Areal Property - Hawthorn.

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 64,478 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:

  • The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
  • Houses have a median rent of $710 while Units have a median rent of $680.
There are currently 308 properties listed for sale, and 197 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2564 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Jason Low
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Lisa Tsang
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Areal Property - Hawthorn
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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.