1106/250 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1106/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 76m2
Land area: 3857m2
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Property Details for 1106/250 Elizabeth St, Melbourne

1106/250 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 3857m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1977
Floor Size
76m2
Land Size
3857m2
Local Government
Melbourne
Lot/Plan
1106/PS431573

Last Listing description (October 2022)

A striking celebration of stunning city views, this impeccable 2 bedroom corner apartment is a rare offering in the heart of the city. Venture downstairs and the whole of Melbourne opens up for you with a short walk to Flagstaff Gardens, RMIT, free city trams, popular Hardware Lane restaurants and the shopping power of Melbourne Central, Emporium and QV. Live the life you love today!

Spacious open-plan living and dining seamlessly connects with a stone-topped kitchen featuring a breakfast bar and stainless-steel appliances plus a dishwasher. Peacefully positioned on the 11th floor of the highly prized Somerset on Elizabeth building, the easterly orientation captures the warmth of the morning sun while the spectacular aspect sweeps over grand heritage buildings. This iconic outlook captures the very essence of magnificent Melbourne! Both substantially sized and robed bedrooms are filled with light, superbly serviced by a two-way ensuite bathroom.


Comprehensive features include a concealed laundry, heating and an inviting hallway entrance. Take full advantage of video intercom entry, lift access, an on-site building manager, and resort-style access to a swimming pool, fully equipped gym, sauna, lounge and BBQ areas on the top floor of the building. Inspect with certainty!

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

Property History for 1106/250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$580,000
11 Oct 2022
Listed for Rent
$565/w
05 Dec 2012
  • 11 Oct 2022
    Sold for $580,000
  • 30 Sep 2022
    Listed for Sale $540,000 - $590,000
  • 09 Nov 2012
    Listed for Rent - Price not available
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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 64,285 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 242 properties listed for sale, and 359 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 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.