406/225 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

406/225 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 406/225 Elizabeth St, Melbourne

406/225 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. 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 August 2019.

Building Type
Unit
Year Built
2001
Floor Size
95m2
Land Size
890m2
Local Government
Melbourne
Lot/Plan
406/PS429256

Last Listing description (July 2025)

Experience contemporary elegance, comfort, and the ultimate CBD lifestyle with this exceptional two-bedroom, two-bathroom apartment, a secure carpark and a separate large storage room on title.

Situated in the sought-after Nova Apartments and designed by renowned architects, Fender Katsalidis, this gem offers proximity to iconic city attractions such as Bourke Street Mall, Melbourne GPO, trendy cafes and restaurants. Public transport and the free tram zone is located at your doorsteps.

Step into the spacious living area boasting timber floors and ample room for both lounging and dining, leading seamlessly to a private undercover balcony. The sleek kitchen features marble countertops, stainless steel appliances, and convenient amenities like a dishwasher and gas cooktop.

Each generously sized bedroom offers plush carpeting and built-in robes, with the master bedroom boasting an en-suite. The second bedroom is served by a stylish central bathroom featuring mosaic wall tiles, a modern vanity, bath, and laundry facilities.

Completing the package is a secure undercover parking space, a storage cage, ducted heating and cooling, and video intercom entry system. Don't miss out on this exceptional opportunity for luxurious city living.

Property History for 406/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$672,000
07 Aug 2019
Listed for Rent
$675/w
05 Oct 2018
  • 09 Jul 2024
    Listed for Sale $660,000 - $726,000
  • 07 Mar 2024
    Listed for Sale $740,000 - $780,000
  • 07 Aug 2019
    Sold for $672,000
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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 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 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.