3112/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

3112/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1018m2
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Last updated 19 Jan 2026
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Property Details for 3112/500 Elizabeth St, Melbourne

3112/500 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 February 2013.

Building Type
Unit
Year Built
2016
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
3112/PS702914

Last Listing description (January 2026)

Located in the prestigious West Side Place - Building B, this well-appointed one-bedroom apartment with a generous study room offers a flexible and functional layout ideal for professionals or couples working from home.

The apartment features an open-plan living and dining area, a modern kitchen with quality appliances, and a spacious bedroom with built-in robes. The good-sized study room is perfect as a home office, guest room, or additional storage. Finished with contemporary fittings throughout, the apartment delivers both comfort and style.

Residents enjoy access to world-class facilities, including swimming pool, gym, lounge areas, and secure building entry. Positioned in the heart of the CBD, moments from Southern Cross Station, trams, shops, and dining, this is inner-city living at its finest.

Property History for 3112/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$551,000
28 Feb 2013
Listed for Rent
$760/w
12 Jan 2026
  • 12 Jan 2026
    Listed for Rent $760 / week
  • 10 May 2022
    Listed for Rent $550 / week
  • 28 Feb 2013
    Sold for $551,000
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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 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2751 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.