3011/500 Elizabeth Street, Melbourne, VIC 3000 sold on 26 February 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 26 Feb 2026 for $565,000

3011/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 3011/500 Elizabeth St, Melbourne

3011/500 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (February 2026)

Showcasing an ideal blend of comfort, style and low-maintenance ease, this contemporary 2 bedroom, 2 bathroom apartment represents an outstanding opportunity for first home buyers and astute investors alike. Designed for effortless living with a modern ambience throughout, the inviting open-plan environment is soaked in natural light from floor-to-ceiling windows, and flows on from a sleek stone-topped kitchen.

Live a life of exceptional indulgence with exclusive resident amenities including secure entry, indoor swimming pool, sauna, steam room and spa facilities, an in-house cinema, fully-equipped gym, communal lounge areas, conference and entertaining rooms and bicycle storage.

All of this is superbly complemented by a coveted address, mere moments from RMIT University, the University of Melbourne, Queen Victoria Market, Emporium, QV, Chinatown, Carlton Gardens, the Royal Melbourne Hospital, Melbourne Central's shopping, dining and train connections - ensuring unparalleled lifestyle convenience and enduring investment value.

Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 3011/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$565,000
26 Feb 2026
Listed for Rent
$600/w
05 Feb 2016
  • 26 Feb 2026
    Sold for $565,000
  • 26 Nov 2025
    Listed for Sale $565,000
  • 01 Mar 2016
    Sold for $650,000
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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 64,272 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 297 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2675 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.