505/591-593 Elizabeth StreetMelbourne VIC 3000
Property Details for 505/591-593 Elizabeth St, Melbourne
505/591-593 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 300m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (July 2026)
Investors Please Note: Fixed term lease till May 2027 returning $1,608 per month.
Moments from the best Melbourne has to offer, this fully furnished 1 bedroom student-accommodation apartment captures the very essence of a vibrant city lifestyle. Venture downstairs and take an easy stroll to Queen Victoria Market, the hospitals precinct, world-class universities, Lygon Street restaurants, shopping choice, world-class universities, the free tram zone, and Parkville Railway Station.
Discover air-conditioned comfort throughout an open layout with sunlit space for living and dining, underpinned by a streamlined kitchen graced with a tiled splashback, fridge, microwave, and a gas cooktop. Elevated to perfection on the fifth floor, step outside to a sheltered east-facing balcony with relaxing views sweeping over Elizabeth Street treetops. A private bedroom is serviced by a sparkling bathroom featuring a large mirror, storage capability, and a walk-in shower.
Hit the ground running with a stylish selection of furniture on display including a comfortable bed with room for storage underneath, a desk and chair, wall-mounted Hisense television, and coffee and bedside tables. Take advantage of split-system heating and cooling, roller blinds, recessed down-lighting, a shared laundry, bicycle storage, lift access, intercom security, and an outdoor entertaining area for all residents. Set in a sought-after, student-only accommodation block, pocket the savings today!
Outgoings:
Council Rates: $129.54 per quarter approx.
Water Rates: $184.26 per quarter approx.
Owners Corporation Fees: $680.69 per quarter approx.
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property History for 505/591-593 Elizabeth St, Melbourne, VIC 3000
- 08 Jul 2026Sold for $159,000
- 19 Nov 2025Listed for Sale $159,000
- 15 Sep 2022Listed for Rent $250 / week
Recent sales nearby
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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 64,754 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.
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