3509/500 Elizabeth StreetMelbourne VIC 3000
Property Details for 3509/500 Elizabeth St, Melbourne
3509/500 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 1018m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (September 2026)
A fantastic opportunity to secure a stylish and practical city apartment, perfect for both owner-occupiers and investors.
Currently vacant and ready to move in or lease out immediately, the property offers flexibility with no existing tenancy to work around. With an estimated market rental of approximately $600 per week, it also presents attractive rental potential for investors.
Featuring a bright and comfortable bedroom, modern kitchen, functional living space and impressive city views, this apartment is an excellent choice for first-home buyers, city professionals or those looking to expand their investment portfolio.
Property Highlights:
Currently vacant move in or lease out straight away
Estimated market rent of approximately $600 per week
Bright and comfortable one-bedroom layout
Modern kitchen and well-presented interiors
Fantastic city outlook
Ideal for owner-occupiers, first-home buyers or investors
Move in, rent it out, or make it your next investment - the choice is yours.
Property History for 3509/500 Elizabeth St, Melbourne, VIC 3000
- 09 Sep 2026Sold for $312,000
- 01 Sep 2026Listed for Sale $295,000 - $315,000
- 03 Jul 2026Listed for Rent $610 / week
Recent sales nearby
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,796 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:
- The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
- Houses have a median rent of $713 while Units have a median rent of $680.
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