701/225 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

701/225 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 890m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 701/225 Elizabeth St, Melbourne

701/225 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Townhouse and was built in 2001. The property has a land size of 890m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Townhouse
Year Built
2001
Floor Size
52m2
Land Size
890m2
Local Government
Melbourne
Lot/Plan
701/PS429256

Last Listing description (June 2022)

Framed by light through a northern window, this bright and surprisingly spacious, newly renovated home is designed by world renowned architects, Fender Katsalidis - It is situated in a location next to none. Affordable and potential for growth are just one of many attributes that describe this superb offering.

Located in the prestigious Nova building on the corner of Elizabeth and Little Bourke Street, apartments in this building are highly sought-after because of its location. Literally only moments away from city attractions, including Bourke Street Mall, Melbourne GPO, terrific bars and restaurant, and Flinders Street Station, this recently renovated stunner is perfect for those looking for a lively city pad, or keen investors with eyes for value.

The light-filled central living zone has enough space for designated lounge and meals areas, with large windows offering exceptional light. The adjoining kitchen is graced with a trendy industrial design, as well as stainless steel appliances.

The bedroom is well-sized and features built-in robes. The semi-ensuite bathroom is also bigger than normal with laundry facilities and plenty of storage space.

Also featuring secure video intercom entry, live-in building managers and gym, this opportunity to own a prestigious address is one not to be missed.

Property History for 701/225 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$330,000
30 May 2022
Listed for Rent
$350/w
04 Oct 2013
  • 30 May 2022
    Sold for $330,000
  • 22 Mar 2022
    Listed for Sale $330,000 - $360,000
  • 25 Sep 2013
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 64,229 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:

  • 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 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.