403/1 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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403/1 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
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Last updated 29 Dec 2025
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Property Details for 403/1 Elizabeth St, Melbourne

403/1 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a floor size of 57m2.

Building Type
Unit
Year Built
1976
Floor Size
57m2
Local Government
Melbourne

Last Listing description (June 2016)

You can hardly find a better location for CBD living than 1 Elizabeth Street building. Perfectly located at the corner of Flinders St and Elizabeth St, everything in city is within walking distance. This 1-bedroom apartment was only one of 6 residential apartments in the building. It's nestled on the fourth floor of 1 Elizabeth Street Building. Fantastic view of Flinders Station from a large balcony. The free flowing floor plan features a combined living and dining with large windows and a tiled kitchen and a clever use of space. Positioned in the heart of the city, this apartment is a highly desirable prospect moments from Flinders Street Station and is just a short stroll from transport, entertainment venues, cafes, restaurants and shops.

Property History for 403/1 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 09 Feb 2016
    Listed for Sale Not Disclosed
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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 64,248 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 250 properties listed for sale, and 255 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 properties were sold in the past 12 months in Melbourne.

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