405/250 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

405/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 3857m2
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Property Details for 405/250 Elizabeth St, Melbourne

405/250 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 3857m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
1960
Floor Size
55m2
Land Size
3857m2
Local Government
Melbourne
Lot/Plan
405/PS431573

Last Listing description (November 2025)

An ideal opportunity for the owner occupier or investor, this spacious one bedroom apartment featuring city views towards the GPO clocktower and an ultra-convenient position right in the heart of the CBD. This apartment offers a truly remarkable investment opportunity that takes advantage of the best that Melbourne has to offer with minimal commute.

Positioned on level 4 of the popular 250 Apartment complex, the property features a spacious open plan-living & dining area. A large corner kitchen offering ample bench & cupboard space. A queen size bedroom with custom built study nook & built in robe, Central bathroom with Euro style laundry facilities. Additional features include motorized blinds, electric fire place in living and bedroom, extra cabinetry throughout, secure intercom entry, excellent resident facilities including heated swimming pool, gym and on site building manager.

The central position on offer is second to none, enjoy being in the heart of the CB'S retail district including the Emporium, The Strand Melbourne, David Jones, Myer, Melbourne Central, Bourke Street Mall, iconic lane ways & more. Also within waking distance to Universities, QV Market, an array of cafes & restaurants, highlighted by easy access with Elizabeth street trams at your doorstep.

For any further queries or to book a private inspection, please contact Annamaria on 0481 602 108.

Property History for 405/250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$310,000
21 Feb 2025
Listed for Rent
$475/w
17 Nov 2023
  • 21 Nov 2025
    Listed for Sale $315,000-$320,000
  • 25 Apr 2025
    Listed for Sale $315,000-$320,000
  • 21 Feb 2025
    Sold for $310,000
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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 64,270 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 275 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.