704/589 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

704/589 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 507m2
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Property Details for 704/589 Elizabeth St, Melbourne

704/589 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 507m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2013.

Building Type
Unit
Year Built
2014
Floor Size
53m2
Land Size
507m2
Local Government
Melbourne
Lot/Plan
704/PS646121

Last Listing description (December 2018)

Live in this lovely small apartment block so close to Melbourne University and the hospitals too . Trams in the Street close by is CBD Melbourne Queen Victoria Market , shops Cafes etc.
This large one bedroom apartment has One bedroom with build in robes ,window and a nice bathroom , large living/dining area with balcony looking on to Elizabeth Street . Great kitchen with Dishwasher, gas cook/top , Elect/oven nice lot of cupboards too.
Air/con & Heating .

Private Inspection phone Carol Campbell on 0412 042 062 Open for inspection Sat 8th Dec at 10am to 10.20am

Property History for 704/589 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$425,000
08 Jul 2013
Listed for Rent
$410/w
21 Dec 2018
  • 14 Nov 2018
    Listed for Rent - Price not available
  • 08 Aug 2018
    Listed for Sale Not Disclosed
  • 08 Jul 2013
    Sold for $425,000
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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 64,229 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, 2750 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.