5705/462 Elizabeth Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$500,000 - $540,000

5705/462 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 54m2
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Elevated CBD Living with Exceptional Investment Appeal

• Freshly painted premium two-bedroom residence positioned high on Level 57 of Victoria One
• Light-filled open-plan living and dining with elegant timber flooring
• Sleek contemporary kitchen with Miele appliances and excellent storage
• Two generous bedrooms with built-in robes and brand new carpet, master complete with private ensuite
• Resort-style resident facilities including indoor pool, gym and residents' lounge
• Outstanding CBD location moments from Queen Victoria Market, universities and new Metro Line
• Exceptional investment or owner-occupier opportunity with broad rental appeal
Positioned high on Level 57 of the iconic Victoria One, this impressive two-bedroom apartment combines sophisticated city living with all the ingredients of a compelling Melbourne CBD investment. Offering a highly sought-after two-bedroom, two-bathroom configuration together with premium resident facilities and an outstanding central location, the property is ideally suited to investors seeking an attractive inner-city asset or owner-occupiers wanting a convenient city lifestyle.
The light-filled open-plan living and dining area is complemented by elegant timber flooring, while the streamlined contemporary kitchen features Miele appliances, excellent storage and a functional modern design. Both bedrooms are generously proportioned with built-in robes, with the master further enhanced by its own private ensuite. A stylish central bathroom, heating and cooling, and high-speed NBN connectivity add further comfort and convenience.
From an investment perspective, the apartment's central CBD position provides excellent access to some of Melbourne's key employment, education, retail and lifestyle precincts. Its two-bedroom layout, two bathrooms broaden its appeal to a wide range of prospective tenants, including professionals, couples, students and those seeking a premium city base.
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Property Details for 5705/462 Elizabeth St, Melbourne

5705/462 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Apartment. The property has a floor size of 54m2. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment
Floor Size
54m2
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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 64,778 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 284 properties listed for sale, and 294 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2374 properties were sold in the past 12 months in Melbourne.

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Lachie Kelly
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Ray White Southbank | Port Phillip
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