2408/250 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

2408/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 3857m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low
High
Share
Save

Property Details for 2408/250 Elizabeth St, Melbourne

2408/250 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 3857m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in September 2005.

Building Type
Unit
Year Built
1976
Floor Size
75m2
Land Size
3857m2
Local Government
Melbourne
Lot/Plan
2408/PS431573

Last Listing description (August 2023)

Somerset Building is situated right in the hub of all the action, bordering our most beautiful city, with transport literally at your doorstep, a short walk to Emporium, Melbourne Central, Burke St Mall, Universities, and in the Uni High School zone, plus parklands, cafes, and restaurants and a multitude of retail shopping all nearby.

On the 24th level, this apartment provides an abundance of natural light throughout and comprises two bedrooms (BIRs), one bathroom, a brilliant finished kitchen including stainless steel appliances, and a living/meals area. Added to this comes NBN-ready, heating/cooling, and security amenities, and all residents have exclusive access to the pool, gym, and outdoor BBQ facilities.

Note: This spacious apartment comes semi-furnished as shown in the photos. All white goods and furniture shown in the photos are included with the current advertised rent. This apartment is perfect for anyone looking for modern living in a terrific location.

PLEASE REGISTER TO INSPECT THE PROPERTY
Register by submitting your full contact details for an inspection.
We strongly suggest you register for an inspection should you wish to attend to avoid disappointment with any changes or cancellations.
Please Note: It is a requirement to inspect the property prior to applying.

Show More

Property History for 2408/250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$320,000
16 Sep 2005
Listed for Rent
$550/w
30 Aug 2023
  • 24 Aug 2023
    Listed for Rent $550 / week
  • 18 May 2020
    Listed for Rent - Price not available
  • 07 Oct 2015
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 64,286 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 243 properties listed for sale, and 367 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2736 properties were sold in the past 12 months in Melbourne.

Melbourne Profile Page

Suburb Insights for Melbourne 3000

Visit Melbourne profile page
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
Visit Melbourne profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED