508/225 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 890m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
Attracting natural light with effortless ease, this stylish 2 bedroom apartment corners Elizabeth and Little Bourke Streets with commanding views to admire every day. Head downstairs and the heart of the CBD opens up for you! Simply stroll to GPO and Emporium shopping, iconic arcades, Melbourne Central trains, doorstep trams and the bustling bars, cafes and restaurants of Hardware Lane.
Elevated to appeal on the 5th floor of the Nova Apartments, enjoy the sleek design of market leading Fender Katsalidis (Eureka Tower and MONA). The open-plan living and dining area is surprisingly spacious, underpinned by a gleaming kitchen with a marble-finished island bench and stainless-steel appliances including a full-sized dishwasher. Rows of picture windows frame the cornered interior showcasing the heritage grandeur of the Melbourne GPO building through leafy treetops. Both substantial bedrooms boast built-in robes with the main overlooking Little Bourke Street, while the sparkling bathroom comes complete with a fully tiled shower and marble detailing.
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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