1512/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1512/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1018m2
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Property Details for 1512/500 Elizabeth St, Melbourne

1512/500 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 1018m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
2016
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
1512/PS702914

Last Listing description (March 2026)

Step into city-living bliss, where this fully furnished apartment puts the best of Melbourne right at your doorstep. From your balcony, enjoy stunning city views while sipping your morning coffee, then wander down to explore the bustling Queen Victoria Market just a few minutes away for fresh produce, gourmet treats, and weekend discoveries. If shopping is more your vibe, Melbourne Central and Bourke Street Mall are an easy stroll, while the eclectic boutiques and cafes of Chinatown and Little Bourke Street make every coffee run feel like an adventure.

Foodies will love the endless choice of restaurants, bars, and eateries along Elizabeth, Little Bourke, and Bourke Streets, or head over to the laneways to uncover hidden gems filled with vibrant street art and artisanal delights. Culture buffs can catch a show at the nearby Regent or Forum Theatre, while sports fans are just a short tram ride away from the MCG, Rod Laver Arena, and the Arts Centre. For green escapes, the Flagstaff Gardens and Royal Botanic Gardens are perfect for a morning jog or a lazy weekend picnic. With trams on your doorstep, the free CBD zone, and Southern Cross Station within easy reach, commuting anywhere in the city has never been easier.

Inside, the apartment is ready to move in with stylish furnishings, a modern kitchen, open-plan living and dining, a comfortable bedroom with built-in robes, and a contemporary bathroom. Residents also enjoy access to premium building amenities including an indoor pool, gym, sauna, steam room, and communal lounge spaces. Whether youre after convenience, culture, cuisine, or city charm, this apartment puts Melbourne at your fingertips.

Booking an inspection is easy! Simply click on "Request a Time" to register your details for an inspection time that suits you. Alternatively, "Get in Touch" with our Liveability Agents to enquire today, we look forward to meeting you soon!

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Applications are processed after inspections have been completed. A link to apply will be provided at the inspection.

Property History for 1512/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$5,780,003
25 Nov 2014
Listed for Rent
06 Mar 2026
  • 27 Jan 2026
    Listed for Rent $750 / week
  • 25 Nov 2014
    Sold for $5,780,003
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,304 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:

  • The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
  • Houses have a median rent of $710 while Units have a median rent of $680.
There are currently 308 properties listed for sale, and 193 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2590 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.