5210/500 Elizabeth StreetMelbourne VIC 3000
Property Details for 5210/500 Elizabeth St, Melbourne
5210/500 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a land size of 66m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (August 2026)
Positioned high on Level 52 of the iconic Vision Apartments (c. 2016), this modern two-bedroom, two-bathroom apartment delivers an exceptional blend of lifestyle, location, and investment appeal in the heart of Melbourne's CBD.Step inside to a light-filled open-plan living and dining area, complemented by floor-to-ceiling windows that frame breathtaking panoramic views across the city skyline. The private balcony offers incredible views of Melbourne's city centre and the historic State Library of Victoria - perfect for morning coffee or evening relaxation above it all.The sleek kitchen is well-appointed with Miele appliances, ample storage, and a clean, contemporary design. Both bedrooms are generously sized with built-in robes, including a master with its own stylish ensuite, while the second bathroom is also fully tiled and boats a Corian stone basin, mirrored vanity and concealed cistern offering luxury and functionality.Enjoy unbeatable convenience with the famed Queen Victoria Market located at your front door, along with immediate access to Melbourne's leading universities including RMIT and the University of Melbourne. The central location places you within walking distance of the CBD's shopping, dining, transport, and cultural attractions-making it ideal for both owner-occupiers and tenants alike.This apartment is available for owner occupiers to move in and enjoy the amazing lifestyle on offer or investors can take advantage of high rental demand and a generous return.Investment Highlights: Rental potential of $800 - $850 per week (unfurnished) or $900 per week (furnished) Representing an Approx. gross rental yield of 8.03% (unfurnished) at $850/week or 8.50% (furnished) at $900 per weekA premium inner-city residence with unbeatable views and location-this is Melbourne living at its finest.
Property History for 5210/500 Elizabeth St, Melbourne, VIC 3000
- 24 Aug 2026Sold for $495,000
- 28 Apr 2026Listed for Sale $500,000 - $550,000
- 02 Jul 2025Listed for Rent $780 / 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 64,741 properties. Over the last 5 years, Houses in Melbourne have seen a -35.59% decrease in median value, while Units have seen a -1.07% decrease. As at 31 July 2026:
- The median value for Houses in Melbourne is $1,425,811 while the median value for Units is $438,824.
- Houses have a median rent of $713 while Units have a median rent of $680.
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