Back 604/589 Elizabeth Street
Off Market

604/589 Elizabeth Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $345,000
Anthony CiminoAnthony Cimino, last sold this property on 24 January 2026 after 43 days on market.

Overview

Adore the contemporary character and city's edge convenience

Showing off with an unbelievable location with the CBD, University of Melbourne, and renowned hospitals just moments away, this 1-bedroom residence is one to seriously consider. Located in 'E589 Apartments', this property displays wonderful modern character as well as excellent natural light and easterly views. This really is the ultimate option for investors who dream of fantastic rental returns, while keen city dwellers will also be enticed by this contemporary oasis. The bright open plan living and dining zone is one to remember, and is where you can access the east-facing balcony that benefits from tree-lined street views below while also catching glimpses of parts of the city. Also included in the central living space is the long straight-line stone kitchen, which promises stone benchtops and stainless steel Bosch appliances. Affordable apartments in locations like this don't come around often, so don't miss out! • Long dedicated entry hallway • Relaxed bedroom just off the entry includes built-in robe storage • Well-appointed bathroom with quality detail • European laundry • Reverse cycle heating and cooling • Secure intercom entry • Not far from exceptional city bars, cafes, restaurants, and boutique shops • Easy access to North Melbourne with iconic cafes • Local parklands nearby includes University Square, Argyle Square, and Lincoln Square • Close to Queen Victoria Market and Flagstaff Gardens • Short trip to Royal Melbourne Hospital and Royal Children's Hospital • Moments to trams and Parkville Station

Features

1 bedroom
1 bathroom
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 604/589 Elizabeth Street is $344.58k.

Median value
$344.58k
Estimated value range
$39k - $935k
Median days on market
36
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 604/589 Elizabeth Street

2026
Sold
$345,000
24 Jan 2026 by Anthony Cimino, of Inner Real Estate NextRE
2025
Rented
Undisclosed
Leased on 23 Sep 2025 by Inner Real Estate NextRE
2023
Rented
Undisclosed
Leased on 04 Sep 2023 by Inner Real Estate NextRE

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 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 581 one-bedroom apartments similar to 604/589 Elizabeth Street, have been sold.

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

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