Back 407/225 Elizabeth Street
Off Market

407/225 Elizabeth Street

Melbourne VIC 3000

2
1
0 m²
Apartment
Last sold for $440,000
Vincent DuongVincent Duong, last sold this property on 28 July 2025 after 11 days on market.

Overview

Style, Comfort and Prime Location

Perfectly positioned in the iconic Nova Apartments, this much loved two-bedroom home offers the ideal blend of style, comfort, and urban convenience in the heart of Melbourne’s CBD. Designed by renowned architects Fender Katsalidis, this 4th level residence exudes thoughtful design and functionality. Beyond the bright and comforting disposition, residents enjoy a quintessential Melburnian experience, with large windows framing vistas of the Bourke Street Mall and some of Melbourne’s famous coffee laneways. • Natural light, homely ambience • Recently fully renovated bathroom by professional interior designer • Sizeable kitchen with marbled island-bench and stainless-steel appliances • Open plan living with separate lounge and kitchen zones • Double-glazed windows • Well-sized master bedroom with built-in-robes • Second bedroom can also be used as home office or guest room • Ducted heating and cooling • Secure intercom entry system • Onsite gym • Building manager on-site • Situated within the free tram zone Situated just steps from Emporium, Melbourne GPO, Flinders Street Station, and some of the city’s best cafes and eateries, this location is second to none. Whether you’re a homebuyer seeking a place to call home or an investor eyeing consistent rental return, this is one not to miss.

Features

2 bedrooms
1 bathroom
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 407/225 Elizabeth Street is $545.21k.

Median value
$545.21k
Estimated value range
$230k - $2.95m
Median days on market
48
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 407/225 Elizabeth Street

2025
Sold
$440,000
28 Jul 2025 by Vincent Duong, of Galldon Real Estate
2017
Rented
Undisclosed
Leased on 26 Sep 2017 by Little Real Estate | Hawthorn
2016
Sold
$420,000
Private Sale/Treaty on 10 May 2016 by Don Gallicchio CEA, of Galldon Real Estate

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 134 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 816 two-bedroom apartments similar to 407/225 Elizabeth Street, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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