2507/500 Elizabeth Street, Melbourne, VIC 3000 sold on 22 December 2025 | OnTheHouse
SOLD
Sold on 22 Dec 2025 for $500,000

2507/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 59m2
Land area: 1018m2
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Property Details for 2507/500 Elizabeth St, Melbourne

2507/500 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 59m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
59m2
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
2507/PS702914

Last Listing description (March 2022)

Perfectly positioned Right next to QV, Chinatown, Melbourne central and Queen Victoria Markets

Only minutes away from RMIT and Melbourne University, with many restaurants and cafes at the doorstep.

Apartment features include:

- Security Entrance
- Heating and Cooling
- Both bedrooms have windows and good natural light
- Private balcony
- gas cook tops/electric oven and dishwasher
- Spacious bathroom

Vision Apartments also features state of the art, resort style facilities with an emphasis on resident's health and well being. Including sculpted 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 will not last long!

DISCLAIMER: Pictures are for illustration purpose only. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Please see the below link for an up-to-date copy of the Due Diligence Check List:http://www.consumer.vic.gov.au/duediligencechecklist

'PHOTO ID is required to be produced by attendees at all open for inspections.'

Property History for 2507/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$500,000
22 Dec 2025
  • 22 Dec 2025
    Sold for $500,000
  • 13 Jul 2019
    Sold for $540,000
  • 12 Jun 2019
    Listed for Sale $550,000-$590,000
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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 64,270 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 275 properties listed for sale, and 162 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 properties were sold in the past 12 months in Melbourne.

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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.