1103/225 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.
Positioned on Level 11 of the popular Nova complex, this freshy updated apartment captures captivating views and offers impressive sense of space ready for immediate enjoyment. Ideal for both investors and owner-occupiers seeking a truly central city location, where you can step out and enjoy so much this wonderful city of Melbourne has to offer all within easy reach.
The accommodation features a generously sized living and dining area, with a sliding glass door opening to a good sized balcony with space for a table, chairs and a barbecue — ideal for alfresco dining, entertaining or simply enjoying the vibrant city atmosphere below.
The kitchen is beautifully appointed with marble benchtops, gas cooking, new oven, dishwasher and ample cupboard and storage space. Both bedrooms have built-in robes, with the main bedroom enjoying direct ensuite access to the central bathroom with marble finishes that includes a bathtub and laundry facilities.
Additional features include high ceilings, dedicated study nook, electric heating, secure video intercom entry, fully equipped resident gym and an on-site building manager, with the added benefit of gas and hot water included in the Owners Corporation fees.
Unrivalled in location, leave the car behind and enjoy immediate access to trams at your door, Bourke Street Mall, Melbourne Central, Emporium, David Jones, fabulous restaurants, cafes, theatres, laneways, arcades and so much more.
Outgoings:
Owners Corporation Fees: $1,305.59 per quarter approx.
Council Rates: $283.48 per quarter approx.
Water Rates: $178.68 per quarter approx.
Potential Rental Income: $700 - $750 per week approx.
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 64,752 properties. Over the last 5 years, Houses in Melbourne have seen a -35.59% decrease in median value, while Units have seen a -1.07% decrease. As at 31 July 2026:
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