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 December 2019.
Last Listing description (April 2026)
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.
Rental Income: $1608 per month (fixed term lease till May 2027)
* 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
- 19 Nov 2025Listed for Sale $150,000 - $165,000
- 15 Sep 2022Listed for Rent $250 / week
- 08 Mar 2022Listed for Rent $225 / week
Recent sales nearby
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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 64,264 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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