BASEMENT/250 Elizabeth Street, Melbourne, VIC 3000 sold on 13 March 2026 | OnTheHouse
SOLD
Sold on 13 Mar 2026 for $300,000

BASEMENT/250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
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Property Details for Basement/250 Elizabeth St, Melbourne

Basement/250 Elizabeth St, Melbourne is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1976. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1976
Local Government
Melbourne
Lot/Plan
401/PS431573

Last Listing description (May 2026)

Furnished CBD Apartment with Premium Amenities

Positioned in the heart of Melbourne's CBD, this beautifully presented fully furnished one bedroom, one bathroom apartment that offers an exceptional urban lifestyle. Perfect for professionals or students seeking convenience and comfort, the residence is thoughtfully designed to maximise space and natural light, creating a welcoming city retreat above the bustle below.

The apartment features a well appointed kitchen complete with quality appliances including a dishwasher, while the bedroom includes built-in wardrobes providing ample storage. The dining area is styled with contemporary furnishings, complemented by heating and cooling for year round comfort. The property is move in ready, allowing you to simply bring your suitcase and settle in.

Residents enjoy access to premium shared amenities including a gym, swimming pool and relaxing spa, enhancing the lifestyle appeal of this sought after building. The unbeatable central location places you moments from public transport, RMIT University, the State Library, cafes, restaurants and major retail precincts.

This is an outstanding opportunity to secure a low maintenance, fully furnished apartment in one of Melbourne's most desirable CBD addresses. Offering both comfort and convenience in a vibrant city setting, this apartment represents an ideal rental opportunity not to be missed.

VIEWING TIMES are subject to cancellation/change 3 hours prior to the open for inspection.
We advise that you check the listing on the day, to ensure that the property is still available prior to inspection to avoid disappointment.

Property History for Basement/250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$300,000
13 Mar 2026
  • 06 May 2026
    Listed for Rent $525 per week
  • 10 Apr 2026
    Listed for Sale $345,000-$375,000
  • 20 Oct 2023
    Listed for Sale Contact Agent
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About Melbourne 3000

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 64,345 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 303 properties listed for sale, and 194 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2659 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.