604/589 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 507m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Showing off with an unbelievable location with the CBD, University of Melbourne, and renowned hospitals just moments away, this 1-bedroom residence is one to seriously consider. Located in 'E589 Apartments', this property displays wonderful modern character as well as excellent natural light and easterly views.This really is the ultimate option for investors who dream of fantastic rental returns, while keen city dwellers will also be enticed by this contemporary oasis. The bright open plan living and dining zone is one to remember, and is where you can access the east-facing balcony that benefits from tree-lined street views below while also catching glimpses of parts of the city. Also included in the central living space is the long straight-line stone kitchen, which promises stone benchtops and stainless steel Bosch appliances. Affordable apartments in locations like this don't come around often, so don't miss out! Long dedicated entry hallway Relaxed bedroom just off the entry includes built-in robe storage Well-appointed bathroom with quality detail European laundry Reverse cycle heating and cooling Secure intercom entry Not far from exceptional city bars, cafes, restaurants, and boutique shops Easy access to North Melbourne with iconic cafes Local parklands nearby includes University Square, Argyle Square, and Lincoln Square Close to Queen Victoria Market and Flagstaff Gardens Short trip to Royal Melbourne Hospital and Royal Children's Hospital Moments to trams and Parkville Station
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 64,371 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:
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