5403/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

5403/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1018m2
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Last updated 22 Dec 2025
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Property Details for 5403/500 Elizabeth St, Melbourne

5403/500 Elizabeth St, Melbourne is a 3 bedroom, 2 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 December 2013.

Building Type
Unit
Year Built
2016
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
5403/PS702914

Last Listing description (July 2025)

Perched in a sky-high position with breathtaking views of greater Melbourne, this apartment is one that has to be seen to fully appreciate. From the moment you enter into the apartment you will be awakened to a sense of style and quality. With so many city lifestyle benefits directly out your front door, you will be spoilt for choice including world famous eateries, Melbourne Central Shopping Centre and Train Station, Queen Victoria Market and RMIT university.

The apartment offers a super spacious open plan lounge/dining and is overlooked by a stunning kitchen with high quality European stainless Miele steel appliances and stone benchtops. With an abundance of natural light thanks to your floor to ceiling windows, the open plan lounge is complimented by a balcony with sweeping views over Melbourne.

Featuring three bedrooms, master with walk in robe and ensuite, the other two bedrooms come with gorgeous natural light as well as a private balcony with views of suburban Melbourne. A separate well-appointed bathroom and European Laundry completes the picture.

With a dedicated study room and ample storage throughout the apartment, reverse cycle AC, double glazed windows with intercom entry this apartment is an absolute must!

Living at 'Vision' apartments, the apartment enjoys on-site facilities that include a pool, sauna, steam and gym, resident function room with kitchen and private meeting rooms.

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Property History for 5403/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,106,500
28 Dec 2013
Listed for Rent
$850/w
27 Apr 2022
  • 31 Mar 2022
    Listed for Rent $850 / week
  • 02 Aug 2021
    Listed for Rent - Price not available
  • 06 Jul 2021
    Listed for Rent $775 / week
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 232 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in Melbourne.

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© Copyright 2025. 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.

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