1406/225 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

1406/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 890m2
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Last updated 22 Dec 2025
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Property Details for 1406/225 Elizabeth St, Melbourne

1406/225 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 890m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last transferred in November 2022.

Building Type
Unit
Year Built
2001
Floor Size
58m2
Land Size
890m2
Local Government
Melbourne
Lot/Plan
1406/PS429256

Last Listing description (May 2022)

This spacious apartment situated on the 14th floor of the popular Nova building is bathed in natural light from the floor to ceiling windows all along the living room and bedroom.

The apartment comprises large main bedroom with semi ensuite access, newly renovated bathroom including bathtub.
Large living/dining opening out to the full length balcony with enticing city views.

An open study area allows with plenty of storage space allows for a flexible floorplan.

The modern full kitchen has ample marble benchtops and plenty of storage space.

New carpet throughout, this neat as a pin apartment is sure to please.

This location is second to none, with tram access at your door step, located just around the corner from Myer, David Jones, Bourke St. Mall, Melbourne Central and QV shopping centres.
Only a ten minute walk to Victoria Markets and close to all that Melbourne city has to offer.

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Property History for 1406/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
12 Nov 2022
Listed for Rent
$460/w
11 May 2022
  • 12 Nov 2022
    Transferred
  • 05 May 2022
    Listed for Rent $460 / week
  • 23 Apr 2020
    Listed for Rent $400 / 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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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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