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511/250 Elizabeth Street

Melbourne, VIC 3000, Australia
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1 bed 1 bath48 m²

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About this property

- High Rental Demand: This apartment experiences great demand, ensuring it will yield good rental income. Approximately 7.2% rental return ($525 p.w.). - Location: Situated at 511/250 Elizabeth Street in the bustling heart of Melbourne. - Apartment Type: 1-bedroom, 1-bathroom sleek and inviting residence. - Design: Bright and airy living space with expansive windows offering captivating city views. - Open-Plan Layout: Seamless connection between living and dining areas, ideal for relaxation and entertainment. - Kitchen: Equipped with modern appliances and ample storage, perfect for culinary exploration and social gatherings. - Bedroom: Tranquil retreat featuring built-in wardrobes and plush carpeting for comfort. - Security: Secure access and thoughtful details throughout the apartment. - Amenities: Exclusive access to onsite gym and swimming pool for recreation and wellness. - Surroundings: Close proximity to Melbourne's finest dining, shopping, and cultural attractions. - Transportation: Convenient access to tram stops and train stations for easy exploration of the city. - Suitable For: Investors, professionals, or urban enthusiasts seeking a stylish urban retreat. OUTGOINGS Council Rates - $1,246.59 pa Water Rates - $1, 071.02 pa Owners Corporation - $4,799.36 pa Private Viewing: Schedule your private viewing today to experience the best of Melbourne living at 511/250 Elizabeth Street.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Land Area
48 m²
Listed
3 months ago

Repayment calculator

$3,151/month
$1,576 /fortnight
Loan $520,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$130,000
Stamp duty$34,070
Conveyancing (est.)$2,000
Total upfront$166,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools.

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

  • Elizabeth Street/Lonsdale Street (bus)82 m away
  • MMA Fight Store240 m away
  • Unnamed300 m away
  • Unnamed303 m away
  • Unnamed325 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.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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