1403/225 Elizabeth Street, Melbourne, VIC 3000 sold on 10 January 2025 | OnTheHouse
SOLD
Sold on 10 Jan 2025 for $465,000

1403/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 890m2
Sold By
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MICM Real Estate
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Property Details for 1403/225 Elizabeth St, Melbourne

1403/225 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 890m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
59m2
Land Size
890m2
Local Government
Melbourne
Lot/Plan
1403/PS429256

Last Listing description (March 2025)

A stunning showpiece of luxury, quality and sunlit style, this spectacular 2 bedroom apartment delivers commanding views sweeping across the Melbourne skyline. Venture downstairs and embrace the lifestyle of your dreams! Explore Bourke Street Mall, Emporium shopping, Hardware Lane alfresco dining, elite universities, trams on your doorstep, and Melbourne Central rail, retail and restaurants. This is truly living!

Newly refreshed with lightly toned floorboards underfoot, a spacious open-plan living and dining area displays a striking city aspect through floor-to-ceiling glass. A marble-finished kitchen showcases an inviting breakfast bar, a large window, and stainless-steel appliances including a 4-burner gas cooktop, a Fisher and Paykel fridge/freezer, and a full-sized dishwasher. Elevated to perfection in a coveted corner setting 14 floors high in the prized Nova complex, an undercover balcony is the perfect perch to relax with amazing views overlooking the city skyline and touching down on the towering Arts Centre spire and the iconic Melbourne GPO clock tower. Both substantial bedrooms boast newly laid carpet, while the sparkling two-way bathroom is graced with marble detailing and a freshly and fully tiled shower area.

The list of special features is extensive. Take advantage of a Euro laundry with an Electrolux washing machine, dual built-in robes in the main bedroom, ducted heating and cooling, roller blinds, and recessed down-lighting. Expertly designed by Fender Katsalidis (Eureka Tower, MONA), Nova comes complete with intercom security, a building manager, and exclusive use of a well-equipped, ground-floor gym. A market entry sensation and a high-performing investment, this special CBD retreat has it all!

Outgoings:
Council Rates: $207.81 per quarter approx.
Water Rates: $179.16 per quarter approx.
Owners Corporation Fees: $1,373.60 per quarter approx.

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

Property History for 1403/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$465,000
10 Jan 2025
Listed for Rent
18 Nov 2024
  • 10 Jan 2025
    Sold for $465,000
  • 13 Dec 2024
    Listed for Sale $465,000
  • 26 Aug 2024
    Listed for Rent $630 / 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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 232 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in 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.