4908/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

4908/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 98m2
Land area: 1018m2
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Last updated 23 Mar 2026
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Property Details for 4908/500 Elizabeth St, Melbourne

4908/500 Elizabeth St, Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 2016. The property has a land size of 1018m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Year Built
2016
Floor Size
98m2
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
4908/PS702914

Last Listing description (March 2026)

Step into luxury with this exquisite 3-bedroom, 2-bathroom apartment located at this popular address in the vibrant city of Melbourne. Boasting a spacious living area, this property is ideal for those seeking a contemporary urban lifestyle in one of Australia's most sought-after locations with a free tram stop on its doorstep.

The modern design and prime location make this apartment a standout choice for those looking to immerse themselves in city living. With sleek fixtures and fittings throughout, including a stylish kitchen and elegant bathrooms, this property offers both comfort and sophistication. Enjoy the convenience of being just moments away from Melbourne's favourite dining, cafes, Queen Victoria Market, top universities, and entertainment options.

The apartment offers its residents the opportunity to enjoy extensive building amenities, including a pool, sauna, steam room, gym, cinema, private lounge, and dining. Whether you're relaxing in the generous living area or unwinding in one of the three comfortable bedrooms, this property provides a serene oasis in the midst of the bustling city. Don't miss this opportunity to own a piece of urban paradise in Melbourne CBD.

Disclaimer
Whilst we endeavor to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we, therefore, accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own inquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 4908/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$749,000
08 Dec 2014
Listed for Rent
$750/w
17 Nov 2016
  • 12 Mar 2026
    Listed for Sale $660,000 - $710,000
  • 10 Nov 2016
    Listed for Rent $750 / week
  • 08 Dec 2014
    Sold for $749,000
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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 64,253 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 252 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2755 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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