Victoria One
452-472 Elizabeth Street, Melbourne VIC 3000
- 245 m tall · #8 in Melbourne
- 79 floors
- 644 homes
- 3 businesses
- 163 car spaces
What's available here Add a listing link
| Looking to | In this building | Area guide | Search the building |
|---|---|---|---|
| Buy | — | Unit median $545,000 | realestate.com.au ↗domain.com.au ↗ |
| Rent | — | 1-bed median $560/wk | realestate.com.au ↗domain.com.au ↗ |
| Lease space | — | — | realcommercial.com.au ↗commercialrealestate.com.au ↗ |
Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.
9 years standing
Built in 1 yr 7 mths
- 2013Planning application
- Jun 2015Construction started
- 2017Completed
- TodayStill standing
10 building permits · 5 news storiesFull timeline ↓
About Victoria One
Victoria One is an apartment tower on Elizabeth Street in Melbourne's CBD, with about 79 floors, 644 homes and a roof height of 245 m. By measured roof height, it is the eighth-tallest building in the CBD. Developed by Golden Age Group, designed by Elenberg Fraser and built by Probuild, it was started in 2014 and completed in 2017.
At a glance
Key facts
- Building type
- 🏬 Mixed use
- Completed
- 2017
- Construction started
- 2014
- Height
- 241 m to the top
245 m to the roof
#8 of 1596 in Melbourne - Floors
- 79 Unconfirmed ?We don't have data to 100% confirm this data point as yet.
- Footprint
- 906 m²
- Homes
- 644
- Architect
- Elenberg Fraser
- Builder
- Probuild
- Businesses
- 3
- Car spaces
- 163
- Strata plan
- PS728807 · 662 lots
- Planning zone
- CCZ1
- Permits on record
- 10
Score cards
State Library Station 3 min walk · 8 tram stops within 400 m
78 cafés, 10 grocers, 1 medical within 250 m
73 street trees within 150 m · park 257 m away
12,417 people pass daily nearby · 39 licensed venues within 200 m
Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.
Apartments
From the council's development record, so the built numbers may differ a little.
🚗 163 residential car spaces recorded at this property, about 0.3 per home. Which apartments have a space isn't recorded, so check the listing.
City of Melbourne Development Activity Monitor and off-street car parks, CC BY 4.0.
The building team
The people and companies behind the design, construction and management of Victoria One.
Location & neighbourhood
Getting around
Train station3 min · 224 m
Train station3 min · 279 m
Tram stop2 min · 135 m
Tram stop3 min · 205 m
Tram stop4 min · 281 m
Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.
Within a 3-minute walk
Who lives in Melbourne (CBD)
ABS Census 2016 via City of Melbourne (CC BY).
Prices and rents around here
Suburb and area medians, not this building's prices.
Prices: Victorian Property Sales Report, © State of Victoria (Department of Transport and Planning), CC BY 4.0.
Median weekly rents for new leases, CBD-St Kilda Rd
| Apartment | Median rent | Change in a year | Trend since Mar 2016 | New leases |
|---|---|---|---|---|
| 1 bedroom | $560/wk | +1.8% | 6,274 in the year to Sep 2025 | |
| 2 bedroom | $735/wk | +2.1% | 6,605 in the year to Sep 2025 | |
| 3 bedroom | $1050/wk | -4.5% | 737 in the year to Sep 2025 |
Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.
Businesses in Victoria One
3 businesses recorded in the City of Melbourne's latest business census.
Chef David
David's Master Pot
Happy Lemon Melbourne
Looking for space in Victoria One?
Timeline
Everything that has happened at Victoria One: listings, news, works, planning and history.
Planning & heritage
Planning controls
DDO1Design and Development Overlay: limits on building height, setbacks and designDDO10Design and Development Overlay: limits on building height, setbacks and designPO1Parking Overlay: controls on how much car parking new development can provideSBO2Special Building Overlay: mapped as at risk of overland stormwater floodingVicmap Planning, © State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.
Subdivision & permits
- Plan of subdivision
- PS728807
- Lots on the plan
- 662
- Owners corporation
- Not recorded
- Building permits on record
- 10
- Estimated cost of works
- About $200.3m
Costs are estimates declared on permits, not amounts spent. Stages of a project repeat its value, so we group them and count each project once. A value can cover a project spanning several buildings. Our calculation from City of Melbourne building permits, CC BY 4.0.
History of the site
How it's been recorded over time
City of Melbourne Census of Land Use and Employment, since 2002.
Community
What people say about Victoria One in public forums and groups, and reviews left here.
CBD - North > Victoria One - 452-472 Elizabeth St > 247m / 76L / residential / completed
Enthusiast thread following the Victoria One tower from proposal to completion, with construction updates and photos.
MELBOURNE > Victoria One > 247m / 810ft / 76 fl / com
Enthusiast thread on the Victoria One tower, with its height and floor count listed in the title.
Summaries describe what's discussed; they aren't our view or a statement of fact, and we don't name posters. The discussions belong to their sites.
Resident & tenant reviews
No reviews of Victoria One yet. Be the first to tell future neighbours what it's like.
Reviews are checked before they're published. No one is named without permission.
Rate and review Victoria One
Frequently asked questions
Is Victoria One residential or commercial?
Victoria One mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.
When was Victoria One built?
Victoria One was completed in 2017.
How many floors does Victoria One have?
Victoria One has 79 floors above ground.
How many apartments are in Victoria One?
Victoria One has 644 homes. The national address file lists 648 unit addresses here, and some of those can be shops or offices.
What size apartments are in Victoria One?
The City of Melbourne's development record lists 110 1 bed, 488 2 bed and 24 3+ bed apartments. The built numbers may differ a little.
Does Victoria One have parking?
The City of Melbourne records 163 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.
What do apartments cost near Victoria One?
The median unit price in Melbourne was $545,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.
What businesses are in Victoria One?
The latest council census counted 3 businesses in Victoria One, including Chef David, David's Master Pot and Happy Lemon Melbourne.
Are there apartments for sale or rent in Victoria One?
See the residential listings on this page, or use the shortcuts to search 452-472 Elizabeth Street on realestate.com.au and Domain.
Is there office or retail space for lease in Victoria One?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.
Who designed and built Victoria One?
Golden Age Group developed Victoria One, Elenberg Fraser designed it and Probuild built it. The building team section has the sources.
How tall is Victoria One?
About 245 metres, measured from the City of Melbourne's 3D building model. It's number 8 of 1596 buildings in Melbourne by height.
What public transport is near Victoria One?
State Library Station is the nearest train station, about 3 minutes' walk. The nearest tram stop is Queen Victoria Market/Elizabeth St #7, about 2 minutes' walk.
What is the planning zone for Victoria One?
The site is in the Capital City Zone - Schedule 1 (CCZ1).
Does Victoria One have an owners corporation?
Plan of subdivision PS728807 has 662 lots.
Who bought the apartments in Victoria One?
In November 2014, a majority of Victoria One apartments had been sold to local owner occupiers.
Has any work been done on Victoria One recently?
The City of Melbourne has issued 10 building permits for Victoria One since 1999. The most recent was in May 2019.
Compare with nearby buildings
| Building | Type | Distance | Floors | Completed |
|---|---|---|---|---|
| Victoria One | Mixed use | — | 79 | 2017 |
| 58-64 Franklin Street | Commercial | 49 m | 13 | 1991 |
| Lighthouse | Mixed use | 56 m | 71 | 2017 |
| Vision Apartments | Mixed use | 75 m | 70 | 2016 |
| Q Apartments | Mixed use | 80 m | 13 | 2006 |
That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. Sources: City of Melbourne building permits (CC BY 4.0), CLUE building information (CC BY 4.0), CLUE business establishments (CC BY 4.0), CLUE residential dwellings (CC BY 4.0), Development Activity Monitor (CC BY 4.0), Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). Street View and business details © Google Maps.