2012/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2012/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1018m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 2012/500 Elizabeth St, Melbourne

2012/500 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 1018m2. While the property is not currently for sale or for rent, it was last sold in June 2012.

Building Type
Unit
Year Built
2016
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
2012/PS702914

Last Listing description (January 2024)

Experience the best of Melbourne City living in our architecturally designed two-bedroom apartments located in the heart of Elizabeth Street. Indulge in the best restaurants, bars, and cafes, and explore the historic Queen Victoria Market just steps away from your doorstep.

Enjoy the breathtaking views from the 20th floor of the 'Vision Apartments' building. This modern 2 bedroom, 1 bathroom apartment features a relaxed lounge and meals area, complete with a spacious balcony that offers an alfresco living experience rare for CBD apartment living.

The kitchen is beautifully appointed with stone benchtops, trendy white tapware, and stainless steel appliances. Both bedrooms feature built-in robes, and the apartment includes a European laundry, reverse cycle heating and cooling, secure intercom, and access to a range of resident amenities, including an indoor pool, gym, and residents' lounge.

Other features that make this apartment the perfect choice include:

*Perfect location in the heart of Melbourne

*Tram station conveniently located in front of the building

*Close proximity to Victoria Market

*Excellent natural sunlight that brightens up the entire apartment

*Surrounded by a vibrant selection of restaurants and entertainment options

Take advantage of this opportunity to live in a premium location with excellent natural sunlight, and surrounded by a vibrant selection of restaurants and entertainment options.

*Please note that photographs and videos in this advertisement may differ from the current conditions, views, and furniture (if applicable). We recommend inspection to fully appreciate the apartment's unique features.

To schedule an inspection, simply click the "BOOK AN INSPECTION TIME" button and register your details. Choose a day and time that suits you, and we'll take care of the rest. If there are no available times, register your details, and we'll notify you as soon as an inspection time becomes available. Don't miss out on this incredible opportunity!

Property History for 2012/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$490,000
29 Jun 2012
Listed for Rent
$400/w
15 Dec 2021
  • 12 Jan 2024
    Listed for Rent $700 / week
  • 17 Nov 2021
    Listed for Rent $400 / week
  • 29 Jun 2012
    Sold for $490,000
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 64,229 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.

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.