306/225 Elizabeth Street, Melbourne, VIC 3000 sold on 01 September 2025 | OnTheHouse
SOLD
Sold on 01 Sep 2025 for $720,000

306/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 890m2
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Property Details for 306/225 Elizabeth St, Melbourne

306/225 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 890m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1950
Floor Size
95m2
Land Size
890m2
Local Government
Melbourne
Lot/Plan
306/PS429256

Last Listing description (February 2016)

Positioned in the lively centre of the CBD only a stone s throw from Bourke Street Mall, this outstanding 3 bedroom apartment is a rare offering. Modern, comfortable, and highlighted by a relaxed central living zone, marble kitchen, master bedroom with ensuite, and a private balcony, this enviable pad is only moments to Melbourne Central, Emporium Melbourne, and public transport.
Accommodation: A gateway to everything the city has to offer, this 3rd floor residence in The Nova apartment complex features stylish timber floors and a comfortable main living and dining area, adjoined by the sleek marble kitchen enjoying a long breakfast counter and quality stainless steel appliances including a Beko dishwasher. The master retreat has built-in robes, an ensuite with an open shower, and a study space/storage area with views, while another bedroom has its own private balcony. The central bathroom is adorned with chic mosaic wall tiles, as well as also featuring a laundry.
Features: Secure car space, storage cage, ducted heating and cooling throughout, video intercom entry, on-site building manager, ground level gym.

Property History for 306/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$720,000
01 Sep 2025
  • 01 Sep 2025
    Sold for $720,000
  • 26 Feb 2015
    Sold for $650,000
  • 22 Jan 2015
    Listed for Sale Offers Over $620,000
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 232 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in Melbourne.

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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.