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
Traffic & Congestion
Congestion level
Low
Moderate
High
Peak hour impact
Morning peak (7-9am) and evening peak (5-7pm) see significant congestion on Elizabeth Street with reduced traffic flow. Weekday afternoons also experience elevated congestion. Delivery and commercial vehicle activity is heavy throughout business hours.
Public transport
Excellent - Elizabeth Street station is directly accessible, with multiple tram lines (routes 1, 3, 5, 6, 8, 16, 64, 67, 72) operating on adjacent streets. Flinders Street Station is approximately 400m south, providing major rail and tram connections.
This central Melbourne location on Elizabeth Street experiences moderate to high congestion during peak hours due to its position in the CBD's main north-south corridor. The area benefits from excellent public transport connectivity but faces consistent traffic pressure from through-traffic and commercial vehicle movements.
Nearby major roads
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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