2/640 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2/640 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 770m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 2/640 Elizabeth St, Melbourne

Building Type
Commercial
Year Built
2011
Floor Size
83m2
Land Size
770m2
Local Government
Melbourne
Lot/Plan
2/PS620382

Last Listing description (August 2023)

The Phone Code for this property is: 28074. Please quote this number when phoning or texting.

Solid building. In a busy area. 6 minutes walk to queen Vic market.

1 private under cover car space , on plans ,

Shop downstairs i front entry door off Elizabeth st. Toilet and double wash sink. Reverse. A//C

Upstairs is approximately 65sqm.
1 Double bedroom. With walk-in robe. And shower and toilet. And W/C reverse cycle A/C.
Big front window with a balcony.

1 private car parking space. At rear. Rear entry security door is on Berkeley st.

storage cage at rear of carspace. 3 sqm

Fresh paint upstairs.

Rates $1340 per year
Body Corp $1300 per every 3 months .

Zoned capital city. 1 bed residence. With downstairs shop front. You can use both upstairs and downstairs for residential or business.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 2/640 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$700,000
16 Jun 2023
Listed for Rent
$460/w
13 Feb 2015
  • 16 Jun 2023
    Sold for $700,000
  • 03 Mar 2020
    Listed for Sale $740,000 to $760,000
  • 07 Oct 2016
    Listed for Sale IN EXCESS OF $600,000
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 64,287 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 247 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2728 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.