2508/250 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2508/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 3857m2
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Property Details for 2508/250 Elizabeth St, Melbourne

2508/250 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 74m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
1976
Floor Size
74m2
Land Size
3857m2
Local Government
Melbourne
Lot/Plan
2508/PS431573

Last Listing description (February 2017)

Positioned on the 25th floor of the stylish Somerset on Elizabeth complex which has its place in the heart of the pulsating CBD, this immaculate, light-filled, and ultra-modern two bedroom apartment is suited for anyone who aspires to live the enviable city lifestyle.
Stunningly presented and with a practical floorplan with a strong design towards open living, this Elizabeth Street retreat is ready for all buyers. Generous central living and dining is bathed in light and showcases fantastic views to the south, while the kitchen which adjoins the large living zone comes equipped with a stone benchtop and stainless steel appliances.
The enormous main bedroom has a full-length built-in robe and shares the southerly vistas, while the 2nd bedroom also enjoys BIR storage and has easy access to the bathroom with a European laundry. Other property features include secure intercom, wall heating, building manager, and access to a heated lap pool, gymnasium, sauna, meeting room, and rooftop outdoor BBQ area.

You ll also love the location where you can walk to Emporium Melbourne, Melbourne Central shops and train, Chinatown restaurants, Bourke Street Mall, Melbourne s GPO, QV Shopping, RMIT University, and trams going in all directions.

Property History for 2508/250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$515,000
15 Nov 2016
Listed for Rent
$535/w
26 Nov 2014
  • 15 Nov 2016
    Sold for $515,000
  • 11 Oct 2016
    Listed for Sale $510,000 - $540,000
  • 03 Dec 2014
    Sold for $508,000
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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 64,279 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 248 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2744 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.