5405/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

5405/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 5405/500 Elizabeth St, Melbourne

5405/500 Elizabeth St, Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 2016. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
2016
Local Government
Melbourne
Lot/Plan
5405/PS702914

Last Listing description (December 2023)

Superb Three Bedrooms Offering a Spectacular View

Ideally situated in the vibrant heart of academic Melbourne, this residence shares its neighborhood with iconic landmarks such as Melbourne Central Station, Queen Victoria Market, Melbourne University, RMIT, and the serene Flagstaff Garden.

Enjoy the convenience of a free tram network that effortlessly transports you throughout the CBD, Carlton, and beyond, making metropolitan Melbourne easily accessible.

Key Features:

Three spacious bedrooms, each equipped with built-in robes.
Two modern bathrooms featuring walk-in showers for added comfort.
An inviting open-plan living and dining area.
Floor-to-ceiling windows that flood the space with an abundance of natural light.
Amenities:

Inviting pool and spa facilities.
A dedicated cinema for your entertainment.
A rooftop lounge offering spectacular views.
Vision Apartments goes above and beyond by providing residents with state-of-the-art, resort-style amenities that prioritize health and well-being. These include a sculpted pool, rejuvenating spa, soothing sauna and steam rooms, a well-equipped gymnasium, function rooms with dedicated kitchens for hosting gatherings, a cinema for entertainment, and an outdoor BBQ terrace.

Act swiftly, as this exceptional opportunity is bound to be in high demand and won't last for long!

Property History for 5405/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$744,000
29 Aug 2013
  • 04 Jul 2023
    Listed for Rent $880 WEEKLY
  • 20 Jun 2022
    Listed for Rent $900 Per Week
  • 02 Mar 2021
    Listed for Rent $490 Per 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 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
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.