402/591-593 Elizabeth Street
Compare with other listings
See it side-by-side · winner per row · AI verdict.
Photos via the original listing. All photographs remain the property of their respective owners.
Maps & AI
Ask StMate AI
AI Property Assistant
Ask anything about this property
Approximate location shown. Contact agent for exact address.
Gallery
Property Photos
Listing description
About this property
Experience the best of Melbourne student living with this standout investment property located right in the heart of vibrant Elizabeth Street. Just moments from Melbourne University, RMIT, and the iconic Queen Victoria Market, this unit represents an exceptional opportunity to capitalise on strong rental demand. Currently vacant ready for your child to begin an amazing new year at the local university or ready to rent at approximately $360-$370/week. It offers a vibrant, free-flowing floor plan with separate bedroom, full bathroom, a cosy kitchen area, living space with a built-in study, plus a balcony. All of this is situated in a lovely building with a character-filled exterior and great amenities for hanging out. Living here means enjoying the incredible convenience that its central location offers with close proximity to cafes and all amenities one could ever need. An array of shops and parks are only a short stroll away. This apartment represents an excellent opportunity for investors to secure a property in the thriving student-only accommodation market. Its balcony feature, separate bedroom and strong rental return make it highly desirable, promising consistent demand from quality tenants. Contact us now to discuss further and secure this exceptional investment on Elizabeth Street. ------ Disclaimer: Images are digitally edited and contain styled furniture for display purposes only. We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 3 months ago
Repayment calculator
Upfront costs
Know what you can borrow
Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.
Inspections
Interested in inspecting this property?
Check the next open inspection time or request a private viewing on Domain.
Book inspection on DomainWork at Student Housing Australia? Claim this listing to sync your ads with StMate.
Neighbourhood
Living in Melbourne
This 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 57% below the $370,000 median of 62 comparable apartmentswithin 5 km.
Schools near Melbourne
- Eltham College - Lonsdale Street Campuscombined
- Melbourne Grammar Schoolcombined · Prep-12 · CoEd
- Melbourne Grammar School - Wadhurst Campuscombined
- Victorian College For The Deafcombined · U · CoEd
- Wesley Collegecombined · Prep-12 · CoEd
- Holmes Grammar Schoolsecondary · 11-12
What's nearby
- Stop 7: Queen Victoria Market (tram) — 264 m away
- Supercut — 422 m away
- Courtney Street Reserve — 228 m away
- Bedford Street Reserve — 304 m away
- Unnamed — 365 m away
Melbourne at a glance
Full suburb profile- Population
- 54,941
- Median age
- 29
- Household income
- $1,448/wk
- Median rent
- $381/wk
- Median mortgage
- $1,800/mo
Source: ABS Census.
Generate Property Report
Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.
Suburb market
Suburb price trend
Melbourne price trend
Median sold · Unit 1 bed
Compound growth -0.8% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Melbourne marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.
Side-by-side analysis
Compare with similar properties
Similar apartments in the same price range in Melbourne and nearby — see how this property stacks up.
Within 5km