5501/442-450 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

5501/442-450 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1009m2
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Property Details for 5501/442-450 Elizabeth St, Melbourne

5501/442-450 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 1009m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
Unit
Year Built
2017
Land Size
1009m2
Local Government
Melbourne
Lot/Plan
5501/PS728842

Last Listing description (December 2023)

Perfect placement and cutting edge facilities define this contemporary CBD development. Situated just moments from Queen Victoria Market, Melbourne Central, RMIT University, and Melbourne University; residents will enjoy the very best of this walkable location.

Part of the Light House development, this unique apartment offers an intuitive design with an effective use of space. North-westerly orientation lends gorgeous views along with abundant natural light to flow throughout the living spaces.

Features include:

- Kitchen with modern fittings and ample storage
- Balcony with north-westerly views
- Upgraded floorboards
- Bedrooms with built-in robes
- Sleek bathroom with storage
- Discreet Euro-style laundry facilities
- heating and cooling

Residents can enjoy attractive surrounds in addition to premium communal facilities on the 8th floor, including a large indoor pool, a spa, a gym, and a residents lounge.

Property History for 5501/442-450 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$589,000
10 Sep 2014
Listed for Rent
$750/w
20 Nov 2023
  • 20 Nov 2023
    Listed for Rent $750 / week
  • 27 Jul 2021
    Listed for Rent $430 / week
  • 14 Dec 2020
    Listed for Rent $430 / week
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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 64,290 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2737 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.