1601/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

1601/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 22 Dec 2025
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Property Details for 1601/500 Elizabeth St, Melbourne

1601/500 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2016. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
Unit
Year Built
2016
Local Government
Melbourne
Lot/Plan
1601/PS702914

Last Listing description (June 2021)

NEAR NEW TWO BEDROOM APARTMENT LOCATED OPP QUEEN VIC MARKET FOR YOUR CONVENIENCE

A lifestyle unrivalled in sophistication, convenience, luxury and choice and ideally situated in a coveted corner position in Melbourne's CBD, this two bedroom, one bathroom apartment offers an amazing balance of lifestyle and leisure.

Apartment features;
-Amazing city views from the apartment

-Miele S/S appliances
-Caesar stone bench tops
-Split system heating/cooling
-Double glazed windows
-High speed internet (NBN)
-Balcony
-Natural tones
-Sparkling bathrooms 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.

Views of;
-Melbourne CBD
-Victoria Market

Within close proximity and walking distance of;
-RMIT
-Melbourne University
-Queen Victoria Market
-Emporium
-QV
-Chinatown
-Carlton Gardens
-Royal Melbourne Hospital
-Melbourne Central Shopping and Train Station
-Melbourne Museum.

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Property History for 1601/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$495,000
22 Sep 2012
  • 25 May 2021
    Listed for Rent $300 pw
  • 01 Mar 2018
    Listed for Rent - Price not available
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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 232 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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