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.
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
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.
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:
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