Carpark/442 Elizabeth Street
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About this property
Premium Lighthouse Building, located next to Melbourne Central, Queen Victoria Market, Melbourne University and a host of superb cafes and eateries. Free tram station at your doorstep to whisk you to anywhere in the CBD or to one of the amazing attractions surrounding our beautiful city. Private use or lease out for great investment. Don't miss out this fantastic opportunity, call Kevin now on 0423 454 772 to arrange for an inspection before it's sold!
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Parking
- 1
- Land Area
- 19 ha
- Listed
- 2 months ago
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Upfront costs
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Neighbourhood
Living in Melbourne
This house in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 92% below the $450,000 median of 76 comparable houseswithin 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) — 193 m away
- Kicks Bottle Shop — 9 m away
- Unnamed — 192 m away
- Unnamed — 265 m away
- Unnamed — 345 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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Property Report
Flood Risk
None
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Medium
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Flood zone
Land Subject to Inundation Overlay (LSIO) / Specific Flood Study Areas
Melbourne's flood risk is spatially variable and managed through Victoria's LSIO system. Inner suburbs along the Yarra River, Merri Creek, and Moonee Ponds Creek carry medium risk and are subject to detailed flood overlays; outer and elevated suburbs typically have low or no risk. Historical flooding (notably 1891, 1934) and recent events inform current study areas, with Melbourne Water enforcing strict development controls in mapped zones.
Planning controls
- Development must comply with LSIO requirements; floor levels typically set above the 1% AEP (100-year) flood level plus freeboard
- Yarra River and its tributaries (Merri Creek, Moonee Ponds Creek) have detailed flood studies informing overlays in inner Melbourne
- Melbourne Water as floodplain management authority enforces conditions on filling, earthworks, and building design in mapped flood areas
- Some council areas (Darebin, Yarra, Melbourne, Moreland) have higher LSIO coverage than outer suburbs due to creek corridors
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
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