511/225 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

511/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 890m2
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Last updated 29 Dec 2025
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Property Details for 511/225 Elizabeth St, Melbourne

511/225 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2001. The property has a land size of 890m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 1999.

Building Type
House
Year Built
2001
Floor Size
55m2
Land Size
890m2
Local Government
Melbourne
Lot/Plan
511/PS429256

Last Listing description (November 2025)

This stunning one-bedroom apartment, perched on the 5th floor, in the popular Nova complex is sure to suit all.

The property features, new blinds and carpet with a fresh outlook onto the bussing Elizabeth Street!

The bedroom features sliding glass doors, built in robes and heating. Modern, bathroom hosting a European style laundry with washer/dryer combo included.

The sleek kitchen with stainless steel benchtop and splash back includes fridge/freezer, dishwasher and gas cooktop.

This secure building also includes a gym located on the ground floor, security swipe entry, and an onsite building manager.

Located perfectly, close to Bourke Street Mall, public transport and popular CBD shops, cafes, and restaurants.

"Prospective renters are required to register for the open-for-inspection to view the property. This ensures they are promptly notified of any changes or cancellations to the scheduled inspection."

Use this link to APPLY NOW! https://our.property/5jvh

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Property History for 511/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$191,500
01 Aug 1999
Listed for Rent
$510/w
13 Nov 2025
  • 24 Oct 2025
    Listed for Rent $510 / week
  • 21 Oct 2021
    Listed for Rent $285 / week
  • 08 Feb 2019
    Listed for Rent - Price not available
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About 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 64,230 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:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 251 properties listed for sale, and 235 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2746 properties were sold in the past 12 months in Melbourne.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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