1405/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1405/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 1018m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 1405/500 Elizabeth St, Melbourne

1405/500 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 1018m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2016
Floor Size
82m2
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
1405/PS702914

Last Listing description (June 2024)

Set within the landmark Vision Apartments building, this contemporary three bedroom apartment offers a modern and cosmopolitan life style for everyone to enjoy.

Indulging in a vibrant lifestyle, walking distance to first-class cafes and restaurants, boutique shopping, theatres & cinemas, iconic Queen Victoria Market, University of Melbourne, RMIT plus public transports to all the wonderful locations that Melbourne has to offer.

The stunning apartment features three bedrooms. The generous master bedroom with walk-in robe and ensuite, other bedrooms are with BIR. A spacious light-filled open plan living and dining area connects directly to a weather covered balcony with city views.

The fittings and fixtures throughout are of the highest standard, including Miele appliances and stone bench-top in the kitchen, bespoke Corian basins in bathroom, full-height tiled bathrooms, mirrored vanity and a large seamless glass shower. Also features a separate European laundry with sink and shelving, ample storage throughout the apartment, double glazed windows, a split system air-conditioning and video intercom entry.
Opportunity to purchase car park separately.

The residents' facilities include lap pool, spa, sauna and steam rooms, gymnasium, function rooms with dedicated kitchens and outdoor entertaining, cinema and outdoor BBQ Terrace.

Be quick as this opportunity won't last long!
Call David Ye today at 0423 390 888 to book your inspection.

Property History for 1405/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$670,000
28 Dec 2023
Listed for Rent
$950/w
31 Aug 2023
  • 28 Dec 2023
    Sold for $670,000
  • 30 Jun 2023
    Listed for Rent $950 / week
  • 20 Feb 2020
    Listed for Sale Contact agent
Sign in to see more transactions
Commute Calculator

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 64,284 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 245 properties listed for sale, and 360 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2734 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.