Melbourne VIC 3000, Australia
Also written as Unit 1409, 225 Elizabeth Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 17 May 2021 | $415,000 | — |
It is a unit featuring one bedroom and one bathroom. The property is part of the high‑rise residential stock in Melbourne’s central business district
The unit sits on a parcel of land measuring 890 m². This sizable lot is notable for a centrally located apartment
The property was priced at $415,000. This figure reflects the market value for a one‑bedroom unit in this part of Melbourne
The Bourke Street Mall/Elizabeth St tram stop is right at the property, providing access to Melbourne’s extensive tram network. The location also sits within the city’s Free Tram Zone, allowing free travel on most trams within the CBD
Within a few minutes’ walk you’ll find Myer and David Jones department stores, the historic Melbourne General Post Office, and the bustling Bourke Street Mall. These destinations make shopping and dining convenient for residents
Melbourne enjoys a temperate oceanic climate with warm summers and cool winters, known for rapid weather changes. Residents can expect a mix of sunshine, occasional showers, and the famous “four seasons in one day” experience
The unit is situated in the heart of Melbourne’s central business district, an area defined by the Hoddle Grid. This central position places it near major cultural venues, corporate offices, and the city’s extensive tram and train network
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