1206/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

1206/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 61m2
Land area: 1018m2
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Property Details for 1206/500 Elizabeth St, Melbourne

1206/500 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a land size of 1018m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2014.

Building Type
Unit
Year Built
2016
Floor Size
61m2
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
1206/PS702914

Last Listing description (February 2024)

This apartment offers unrivalled sophistication, luxury, convenience and is ideally situated in a coveted corner position in Melbourne's CBD, offering an amazing balance of lifestyle and leisure.

Apartment features;
-Miele S/S appliances

-Caesar stone bench tops
-Split system heating/cooling
-Double glazed windows
-NBN ready
-Balcony
-Natural tones
-Sparkling bathroom with quality finishes and fittings
-European laundry.

Resident amenities;
-Secure entry
-Amazing indoor pool, sauna, steam room & spa facilities
-In-house cinema
-Grand gym
-Common lounge areas
-Conference/Entertaining Rooms
-Bicycle storage.

Close to;
-Universities
-Public transport
-Shopping centres
-Local markets
-Restaurants and cafes

Whilst Brady Residential Pty Ltd has taken all care in the preparation of the photos and description of the property, interested person/s are advised to make their own enquiries and satisfy themselves in all respects of the property they wish to lease.

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Property History for 1206/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$642,000
28 Jun 2014
Listed for Rent
$375/w
06 Jan 2021
  • 11 Jan 2024
    Listed for Rent $700 / week
  • 28 Jul 2020
    Listed for Rent $425 / week
  • 13 Jun 2017
    Listed for Rent $660 / week
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of 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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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