2/479 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2/479 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 122m2
Land area: 1241m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 2/479 Elizabeth St, Melbourne

2/479 Elizabeth St, Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 1241m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Year Built
1993
Floor Size
122m2
Land Size
1241m2
Local Government
Melbourne
Lot/Plan
2/PS322162

Last Listing description (November 2022)

Peacefully nestled behind the hustle and bustle of Elizabeth street and 100m from the Queen Victoria Market, this light filled spacious warehouse apartment has everything you want. Featuring a well-equipped kitchen with stone benchtops, quality appliances and ample cupboard space, which effortlessly flows out into the open plan living and dining area. Offering three bedrooms with built in robes (master with ensuite) loft-style study and a separate central bathroom and laundry facilities. Original heritage features Baltic pine floorboards and ceiling ,exposed Oregon roof trusses, bluestone windowsills and triple brick thick. Comes with large ground floor private courtyard and off-street parking for one car. This brilliant and modern warehouse apartment in the heart of the CBD and within minutes of the best cafes, restaurants and boutique stores that Melbourne has to offer, an inspection is a must!

Property History for 2/479 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$830,000
09 Sep 2013
Listed for Rent
$950/w
23 Nov 2022
  • 10 Nov 2022
    Listed for Rent $950 / week
  • 25 May 2022
    Listed for Sale EOI $1,200,000 - $1,300,000
  • 09 Sep 2013
    Sold for $830,000
Sign in to see more transactions
Commute Calculator

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 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.