4708/500 Elizabeth Street, Melbourne, VIC 3000 sold on 21 January 2026 | OnTheHouse
SOLD
Sold on 21 Jan 2026 for $285,000

4708/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 4708/500 Elizabeth St, Melbourne

4708/500 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2016. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2016
Local Government
Melbourne
Lot/Plan
4708/PS702914

Last Listing description (May 2022)

Situated high on level 47 in the prestigious and famous VISION Tower

Situated high on level 47 in the prestigious and famous VISION Tower, this spacious apartment is strategically positioned in the bustling CBD with exclusive shopping, boutique cafes & restaurants all within 200m radius.
A fully functional kitchen with island bench tops and high quality stainless steel appliances opens onto the open plan living space. The living zone stretching across
the balcony that allows abundance of light throughout the apartment. The large bedrooms feature BIRs, with plenty of storage space not mentioning the flow to ceiling windows looking out to the beautiful skyscrapers of the city. A sparkling and stylish bathroom & reverse cycle heating and cooling just adds to the rest.

A secure and lavish foyer with 24/7 concierge/security, state-of-the-art gym, 25 metre indoor heated pool, spa, sauna, tennis court, communal lounge, alfresco areas with outdoor BBQ facilities, theatre room; Milano apartments offer residents an abundance of facilities.
Queen Victoria Market and Melbourne Central are both a 2 minute walk away, not to mention renowned Universities including University of Melbourne and RMIT also a short stroll away.

Property History for 4708/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$285,000
21 Jan 2026
  • 24 Jun 2020
    Listed for Sale $345,000
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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 64,238 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 251 properties listed for sale, and 177 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2765 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.