304/591-593 Elizabeth StreetMelbourne VIC 3000
Property Details for 304/591-593 Elizabeth St, Melbourne
304/591-593 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. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (May 2026)
A cleverly designed one-bedroom urban retreat that makes the most of every inch. Bright, fresh, and modern, this apartment offers a fully equipped kitchen with ample storage, sleek cabinetry, gas cooking, and a built-in microwave-perfect for easy everyday living. Currently leased the property has super strong return of $19,296 per year or 11.3% gross return. Together with low outgoings this offers a brilliant return on your investment.
The open-plan layout flows seamlessly from the kitchen to the living and study area, featuring a dedicated workstation with built-in shelving and a sliding-door connection to your private balcony. Floor-to-ceiling glass draws in natural light, creating a sense of openness while still maintaining privacy. Whether you're working from home, relaxing, or entertaining, the space is thoughtfully set up for both comfort and practicality.
The bedroom and bathroom continue the theme of smart design, with generous storage, a bright vanity area, and a crisp, fully tiled shower. Ideal for first-home buyers, investors, or anyone seeking a low-maintenance city base, this apartment blends functionality with style-all in a prime, walkable location close to transport, cafs, and everyday essentials. A compact home that truly overdelivers.
Property History for 304/591-593 Elizabeth St, Melbourne, VIC 3000
- 05 Jan 2026Listed for Rent $370 / week
- 02 Dec 2025Listed for Sale 11.3 % @ $155,000 - $160,000
- 10 Feb 2025Listed for Rent $370 / week
Recent sales nearby
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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 64,324 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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