4/650 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

4/650 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 390m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 4/650 Elizabeth St, Melbourne

4/650 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 390m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in August 2001.

Building Type
Unit
Year Built
1995
Floor Size
57m2
Land Size
390m2
Local Government
Melbourne
Lot/Plan
4/PS442242

Last Listing description (May 2021)

Open to a 6 Months Lease!!!

This newly renovated property located in the heart of Melbourne CBD offers upmost convenience for its new tenants! The apartment comprises of a semi-open plan living with a modern kitchen equipped with stainless steel appliance, a spacious bedroom serviced with a central bathroom as well as modern laundry facilities. With secured entry access, this property offers quiet and safe city living. Located within close proximity to RMIT and Melbourne University, Public Transport, and local markets.

Property History for 4/650 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$215,000
07 Aug 2001
Listed for Rent
$250/w
10 May 2021
  • 25 Feb 2021
    Listed for Rent $250 / week
  • 07 Aug 2001
    Sold for $215,000
Commute Calculator

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 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2749 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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
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.