5305/500 Elizabeth Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE

5305/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Unrivalled City Convenience Meets Unforgettable Skyline Views

Soaring high above the bustling streets of the iconic 'Vision Apartments', this dazzling three-bedroom, two-bathroom residence delivers a masterclass in contemporary urban living. Tailored specifically for dynamic CBD professionals, discerning downsizers, or astute investors seeking a premium asset, this home offers an unparalleled lifestyle right in the beating heart of Melbourne.
The residence welcomes you with a brilliantly proportioned lounge and dining zone. Floor-to-ceiling glass floods the space with natural light while framing breathtaking, uninterrupted views to Melbourne CBD and greenery North Melbourne. Step out onto your private, undercover balcony to savor spectacular golden-hour sunsets over the historic Queen Victoria Market and famous Melbourne skyline.
Seamlessly integrated into the living space, the gourmet kitchen is as functional as it is stylish. Blessed with high-quality stone benchtops and sleek stainless-steel appliances, it is perfectly equipped for everything from morning coffees to evening entertaining.
Accommodation is generously sized and intelligently zoned. The master suite acts as a private retreat, impressing with a well-sized study nook, built-in robe storage, and a luxurious ensuite. The second bedroom features ample built-in storage, while the highly versatile third bedroom-also complete with a built-in robe-can easily be adapted into a dedicated home office for remote work. A beautifully appointed main bathroom and a clever concealed European laundry complete the internal floorplan.
Beyond the apartment walls, climate control is managed by reverse-cycle heating and cooling, and a secure car space adds rare, highly sought-after CBD convenience. The Vision complex itself offers a five-star lifestyle, granting residents exclusive access to a state-of-the-art gymnasium, indoor pool, sauna, spa, steam room, private cinema, and an elegant formal lounge.
Enjoy having the iconic Queen Victoria Market on your doorstep for fresh weekly groceries, while being mere moments from the academic hubs of RMIT and the University of Melbourne. With Flagstaff Gardens, Carlton Gardens, Melbourne Central, QV Melbourne, the free tram zone, and Melbourne Central Station all within a short stroll, the entire city is truly at your fingertips.

Property Details for 5305/500 Elizabeth St, Melbourne

5305/500 Elizabeth St, Melbourne is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Southbank | Port Phillip.

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Apartment
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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 64,804 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:

  • The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 280 properties listed for sale, and 291 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2297 properties were sold in the past 12 months in Melbourne.

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Ben Vu
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Ray White Southbank | Port Phillip
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