Back 6/640 Elizabeth St
Off Market

6/640 Elizabeth St

Melbourne VIC 3000

1
1
1
Apartment
Ivan BlowIvan Blow, last sold this property on 05 March 2026 after 14 days on market.

Overview

The one! 56sqm with titled car space

Competitively priced, won’t last long. CBD Convenience with Car Space – Invest or Occupy in Prime Elizabeth Street Position Positioned at 6/640 Elizabeth Street in the vibrant heart of the Melbourne CBD, this modern oversized one-bedroom apartment (56sqm approx.) with secure parking presents an outstanding opportunity for investors, first-home buyers or professionals seeking low-maintenance city living. Located within walking distance of the University of Melbourne and RMIT University, and moments from the city’s bustling business district, this address ensures strong rental demand year-round. World-class amenities including Queen Victoria Market, the Royal Melbourne Hospital and QV Melbourne are all just a short stroll away, placing everything you need right at your doorstep. The apartment showcases a spacious and functional layout designed for comfortable city living. The generous bedroom includes built-in robes, while the light-filled living and dining area connects seamlessly to a contemporary kitchen equipped with electric cooking appliances, oven and dishwasher. A sleek bathroom incorporates a shower, toilet and integrated laundry facilities, and a private balcony provides valuable outdoor space and natural light. Reverse cycle heating and cooling ensure year-round comfort, complemented by secure intercom entry for peace of mind. A titled secure car space (non stacker) — a rare and highly sought-after feature in the CBD — further enhances the property’s appeal, while trams 19, 57 and 59 along Elizabeth Street provide effortless connectivity throughout the city. Whether you’re securing a high-performing investment in a blue-chip CBD location or looking to enjoy the ultimate convenience of inner-city living yourself, this is an opportunity not to be missed. With no common amenities owner’s corporation fees are appealing at $2,562 PA plus a maintenance levy at $992 PA. Existing long-term tenancy currently $445 weekly, $1,934 monthly.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 6/640 Elizabeth St is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
2%
increase 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 6/640 Elizabeth St

2026
Sold
Undisclosed
05 Mar 2026 by Ivan Blow, of Buxton Bentleigh
2022
Rented
Undisclosed
Leased on 14 Jun 2022 by Ray White Oakleigh
2021
Rented
Undisclosed
Leased on 22 Apr 2021 by Ray White Oakleigh

Happy sellers in Melbourne

83%
83% 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 129 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 601 one-bedroom apartments similar to 6/640 Elizabeth St, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent