1603/500 Elizabeth StreetMelbourne VIC 3000
Property Details for 1603/500 Elizabeth St, Melbourne
1603/500 Elizabeth St, Melbourne is a 3 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 104m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (December 2025)
Perched on the 16th floor of the prestigious Vision Apartments, this exceptional three-bedroom plus study room apartment epitomizes luxurious city living with unrivalled convenience. Boasting a coveted northern aspect, it allows for abundant natural light and offers captivating views over the iconic Queen Victoria Market and northern suburbs.Situated in a prime corner position, this generously sized apartment features dedicated living and dining zones bathed in all-day natural light from its sunlit balcony. The open-plan design ensures a seamless flow, perfect for both relaxing and entertaining.The modern kitchen is a standout, showcasing a pristine white stone benchtop, high-end stainless-steel appliances, and extensive floor-to-ceiling cabinetry for ample storage.The apartment's smart layout includes three well-sized, light-filled bedrooms, plus a versatile study/guest room with windows. The main bedroom features its own elegant ensuite bathroom, while the other bedrooms share an additional full bathroom. Notable features of this residence include two north-facing balconies that capture beautiful views, elegant timber flooring, heating and cooling systems.Residents of Vision Apartments enjoy a range of luxurious amenities, including a 25-meter indoor heated lap pool, fully equipped gyms, an outdoor BBQ terrace, private dining and lounge rooms with kitchen facilities, a sauna, steam rooms, and a cinema.Located just moments from the iconic Queen Victoria Market, this property offers unbeatable proximity to Melbourne's vibrant dining and cafe scene, entertainment venues, lush green spaces, and esteemed educational institutions like RMIT and Melbourne Universities. With excellent public transport links, including Melbourne Central and Flagstaff train stations, exploring the city and beyond is effortless.Experience unparalleled space and sophisticated urban living in this magnificent apartment-truly a must-see for those seeking the best of Melbourne.All care has been taken in the preparation of this material to ensure the information provided is accurate and reliable. However, we accept no responsibility and disclaim all liability for any errors, inaccuracies, omissions or misstatements contained herein. Purchasers are advised to conduct their own investigations to verify the details contained in this document. Some images may include virtual enhancements and are for illustrative purposes only. Buyers should also refer to the due diligence checklist provided by Consumer Affairs Victoria, available at: http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 1603/500 Elizabeth St, Melbourne, VIC 3000
- 17 Oct 2025Sold for $902,000
- 23 Aug 2024Listed for Sale $950,000
- 23 Feb 2024Listed for Rent $1,250 / week
Recent sales nearby
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0About 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.
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