506/591-593 Elizabeth StreetMelbourne VIC 3000
Property Details for 506/591-593 Elizabeth St, Melbourne
506/591-593 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 300m2 and floor size of 15m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (May 2026)
Perfectly positioned within walking distance to Melbourne University and RMIT, this modern, fully furnished studio apartment is ideal for students seeking convenience, comfort, and a low-maintenance lifestyle in the heart of the city.
The apartment comes ready to move in, featuring a functional kitchenette, private bathroom, and a balcony off the bedroom-perfect for study breaks or fresh air. With air conditioning included, you'll stay comfortable year-round.
Set within a secure and well-maintained building, residents also enjoy lift access, a communal laundry on the ground floor, bicycle storage, and a shared outdoor area.
Key Features:
Fully furnished - just bring your suitcase
Walking distance to universities, public transport, cafes & shops
Air conditioning for year-round comfort
Secure building with lift access
Communal laundry facilities
Bicycle storage & outdoor common area
Ideal for students or those seeking an easy inner-city base.today to stay informed and arrange an inspection.
Property History for 506/591-593 Elizabeth St, Melbourne, VIC 3000
- 29 Apr 2026Listed for Rent $350 / week
- 16 Aug 2023Listed for Rent $320 / week
- 26 Oct 2020Listed for Rent $275 / 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 64,346 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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