511/250 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 48m2. While the property is not currently for sale or for rent, it was last sold in March 2012.
- High Rental Demand: This apartment experiences great demand, ensuring it will yield good rental income. Approximately 7.2% rental return ($525 p.w.).
- Location: Situated at 511/250 Elizabeth Street in the bustling heart of Melbourne.
- Apartment Type: 1-bedroom, 1-bathroom sleek and inviting residence.
- Design: Bright and airy living space with expansive windows offering captivating city views.
- Open-Plan Layout: Seamless connection between living and dining areas, ideal for relaxation and entertainment.
- Kitchen: Equipped with modern appliances and ample storage, perfect for culinary exploration and social gatherings.
- Bedroom: Tranquil retreat featuring built-in wardrobes and plush carpeting for comfort.
- Security: Secure access and thoughtful details throughout the apartment.
- Amenities: Exclusive access to onsite gym and swimming pool for recreation and wellness.
- Surroundings: Close proximity to Melbourne's finest dining, shopping, and cultural attractions.
- Transportation: Convenient access to tram stops and train stations for easy exploration of the city.
- Suitable For: Investors, professionals, or urban enthusiasts seeking a stylish urban retreat.
OUTGOINGS
Council Rates - $1,246.59 pa
Water Rates - $1, 071.02 pa
Owners Corporation - $4,799.36 pa
Private Viewing: Schedule your private viewing today to experience the best of Melbourne living at 511/250 Elizabeth Street.
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 64,272 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:
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