501/250 Elizabeth Street, Melbourne, VIC 3000 sold on 26 June 2026 | OnTheHouse
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Sold on 26 Jun 2026 for $310,000

501/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 3857m2
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Property Details for 501/250 Elizabeth St, Melbourne

501/250 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 3857m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1976
Land Size
3857m2
Local Government
Melbourne
Lot/Plan
501/PS431573

Last Listing description (July 2026)

A north-facing celebration of CBD convenience, this affordable 1-bedroom apartment stands out with sunlit style in the heart of the city. Venture downstairs and take an easy stroll to Melbourne Central trains, the free tram zone, top-ranking universities, Chinatown restaurants, Hardware Lane alfresco dining, Emporium shopping, and rejuvenated Bourke Street Mall.

Perched to perfection on the 5th floor, spacious open-plan living and dining stretches out in the natural warmth of northern sunlight with picture windows capturing the stunning city skyline in all its splendour. A stone-topped kitchen is chef ready boasting a Smeg gas cooktop and a full-sized Fisher and Paykel dishwasher. Sharing the same spectacular views, the large and light-filled bedroom is graced with mirrored built-in robes, serviced by a sparkling bathroom with a shower over a bathtub.

Additional features include laundry capability, ducted heating and cooling in every room, integrated cabinetry in the living area, flowing curtains, intercom security, lift access, and exclusive resort-grade use of a pool, fully equipped gym, sauna, lounge and BBQ areas. Inspect with confidence!

Booklet Version

A north-facing celebration of CBD convenience, this affordable 1-bedroom apartment stands out with sunlit style in the heart of the city. Come home to luxury every day with resort-grade access to a pool, gym and sauna.

* 1 generously sized and north-facing bedroom with mirrored built-in robes
* Roomy open-plan living and dining drenched in northern sun
* Stone-topped kitchen with a gas cooktop and a full-sized dishwasher.
* Gleaming bathroom with a bathtub
* Laundry nook with storage capability
* Ducted heating and cooling throughout
* Roller blinds and curtains
* Secure intercom entry, building manager and lift access
* Exclusive resort-style facilities

* Melbourne Central rail, retail and restaurants
* Free city trams
* Emporium Melbourne
* Bourke Street Mall
* Chinatown
* Hardware Lane alfresco eateries
* Flagstaff Gardens
* University choice
* State Library of Victoria
* Zoned to Carlton Gardens Primary School and University High School

Property History for 501/250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$310,000
26 Jun 2026
Listed for Rent
$525/w
11 Oct 2023
  • 26 Jun 2026
    Sold for $310,000
  • 03 Jun 2026
    Listed for Sale $320,000 - $350,000
  • 22 Sep 2023
    Listed for Rent $525 / week
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,382 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:

  • The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
  • Houses have a median rent of $710 while Units have a median rent of $680.
There are currently 308 properties listed for sale, and 194 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2603 properties were sold in the past 12 months in Melbourne.

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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.