406/589 Elizabeth StreetMelbourne VIC 3000
Property Details for 406/589 Elizabeth St, Melbourne
406/589 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 507m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Last Listing description (February 2025)
Fully furnished Move straight in!
Excellent location only a short stroll to Queen Victoria Market, Melbourne baths, CBD shopping and dining, and easy access to public transportation.
- Bedroom with built in robes
- Open plan living & dining
- Kitchen with stone bench top & plenty of cupboard space
- Modern bathroom
- Private hide-away laundry with additional sink
- Balcony with bright east views
This furnished apartment includes stainless steel refrigerator, washing machine, television, air-conditioning & heating, couch, dining table and chairs, bed, video intercom, and secure swipe card entrances.
Property Code: 1476
Property History for 406/589 Elizabeth St, Melbourne, VIC 3000
- 13 Feb 2025Listed for Rent $540 / week
- 12 Jan 2024Listed for Rent $530 / week
- 07 Jun 2023Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/mwzulk77imi6tfho7nqzhhn2q4?signature=093a5fa74cc2ad192f646ffbe2291f26236044a80c30773aba6f77c42116aa43){kind=logo}
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0About 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.
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