302/591-593 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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302/591-593 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 300m2
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Last updated 5 Jan 2026
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Property Details for 302/591-593 Elizabeth St, Melbourne

302/591-593 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 300m2 and floor size of 57m2.

Building Type
Unit
Year Built
2008
Floor Size
57m2
Land Size
300m2
Local Government
Melbourne
Lot/Plan
302/PS544422

Last Listing description (December 2024)

Situated in the heart of the education district, this unit is metres from the University of Melbourne, RMIT University, the CBD, Queen Victoria Market, as well as many loved cafes, restaurants, shops and entertainment. With optimal access to public transport, the unit acts as a haven for endless opportunity.

The unit comes fully furnished with additional kitchen appliances including; griller, microwave, kettle etc.

Brand new AC unit.

Building includes laundry room and a couch area on ground level.

Take the opportunity and enquire now!

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Property History for 302/591-593 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$370/w
27 Nov 2024
  • 25 Nov 2024
    Listed for Rent $370 / week
  • 30 Nov 2023
    Listed for Rent $370 / week
  • 10 May 2023
    Listed for Rent $350 / 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 64,277 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 245 properties listed for sale, and 339 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2753 properties were sold in the past 12 months in Melbourne.

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© 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.

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