Back 720/250 Elizabeth Street
Off Market

720/250 Elizabeth Street

Melbourne VIC 3000

1
1
53 m²
Apartment
Last sold for $307,000
Matt KunzMatt Kunz, last sold this property on 21 May 2026 after 28 days on market.

Overview

A furnished city pad in the heart of Melbourne perfect for an owner-occupier or savvy investor

Situated in the heart of the city comes this low-maintenance 1-bedroom apartment which will provide investors with the modern CBD haven they've long been searching for. Positioned in the '250E' complex, this charming and well-sized property has you steps to the best of the city including Melbourne Central, QV shopping, and RMIT University. This property comes fully furnished and offers buyers outstanding potential as an investment in Melbourne. The sizeable design is sure to attract tenants, and includes a number of alluring features including a generous living and dining zone which gets fantastic sunlight from the north, easy straight-line kitchen with modern appliances including a dishwasher, and spacious north-facing bedroom with built-in robe storage. The building also gives residents access to great recreational facilities • Property boasts 53 sqm (approx.) of space which is generous for 1-bedroom apartment • Large bathroom with laundry facilities • Ducted heating and cooling • Secure intercom entry with building manager • Access to swimming pool, gym, sauna, meeting room, and rooftop BBQ area • Not far from Bourke Street Mall and Chinatown restaurants • Close to State Library of Victoria • Easy journey to the renowned University of Melbourne • Near Hardware Lane eateries • In the free tram zone • Walk to State Library Station and Melbourne Central Station

Features

1 bedroom
1 bathroom
53 m² floor area
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 720/250 Elizabeth Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
1%
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 720/250 Elizabeth Street

2026
Sold
$307,000
21 May 2026 by Matt Kunz, of Inner Real Estate NextRE

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 720/250 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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