407/225 Elizabeth Street, Melbourne, VIC 3000 sold on 29 July 2025 | OnTheHouse
SOLD
Sold on 29 Jul 2025 for $440,000

407/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 407/225 Elizabeth St, Melbourne

407/225 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (July 2025)

Perfectly positioned in the iconic Nova Apartments, this much loved two-bedroom home offers the ideal blend of style, comfort, and urban convenience in the heart of Melbourne’s CBD. Designed by renowned architects Fender Katsalidis, this 4th level residence exudes thoughtful design and functionality.
Beyond the bright and comforting disposition, residents enjoy a quintessential Melburnian experience, with large windows framing vistas of the Bourke Street Mall and some of Melbourne’s famous coffee laneways.

• Natural light, homely ambience

• Recently fully renovated bathroom by professional interior designer
• Sizeable kitchen with marbled island-bench and stainless-steel appliances
• Open plan living with separate lounge and kitchen zones
• Double-glazed windows
• Well-sized master bedroom with built-in-robes
• Second bedroom can also be used as home office or guest room
• Ducted heating and cooling
• Secure intercom entry system
• Onsite gym
• Building manager on-site
• Situated within the free tram zone

Situated just steps from Emporium, Melbourne GPO, Flinders Street Station, and some of the city’s best cafes and eateries, this location is second to none. Whether you’re a homebuyer seeking a place to call home or an investor eyeing consistent rental return, this is one not to miss.

Property History for 407/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$440,000
29 Jul 2025
Listed for Rent
$580/w
18 Oct 2018
  • 29 Jul 2025
    Sold for $440,000
  • 29 Jul 2025
    Sold for $440,000
  • 17 Jul 2025
    Listed for Sale $420,000 - $460,000
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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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Vincent Duong
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Andrea Lisanti
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Galldon Real Estate
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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.