5707/500 Elizabeth Street, Melbourne, VIC 3000 sold on 08 May 2025 | OnTheHouse
SOLD
Sold on 08 May 2025 for $520,000

5707/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 62m2
Land area: 1018m2
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Property Details for 5707/500 Elizabeth St, Melbourne

5707/500 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 1018m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
62m2
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
5707/PS702914

Last Listing description (July 2025)

Step into a world of contemporary elegance with this beautifully designed 2-bedroom, 2-bathroom apartment at Vision Apartments. Perfectly positioned in Melbourne's bustling city center, this residence offers the perfect balance of style, comfort, and convenience.A Home That Stands OutFrom the moment you enter, you'll appreciate the open and airy layout. The modern kitchen, equipped with sleek white stone benchtops, stainless steel appliances, and ample storage, seamlessly integrates with the dining and living areas. Soft carpeted floors add warmth, while the private balcony provides a front-row seat to breathtaking city views.Unrivaled LocationNestled in the heart of Melbourne, this apartment is just moments from Queen Victoria Market, Chinatown, and the State Library Victoria. Flagstaff Gardens, Melbourne Central, and some of the city's best dining and entertainment venues are all within easy reach. RMIT and the University of Melbourne are just around the corner, making this an ideal choice for students and professionals alike.Exclusive Resident PerksLiving at Vision Apartments means enjoying access to premium lifestyle facilities, including: 25-meter indoor heated lap pool State-of-the-art gym Outdoor BBQ terrace Private dining and lounge areas Sauna and steam room Cinema for an immersive entertainment experienceEffortless ConnectivityWith Melbourne Central and Flagstaff train stations just minutes away and free city trams at your doorstep, commuting has never been easier.An Opportunity You Won't Want to MissWhether you're searching for a stylish new home or a smart investment, this apartment delivers modern luxury, unbeatable convenience, and a vibrant urban lifestyle.Get in touch today to arrange an inspection!

Property History for 5707/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$520,000
08 May 2025
Listed for Rent
$750/w
28 Jul 2023
  • 08 May 2025
    Sold for $520,000
  • 01 Apr 2025
    Listed for Sale $510,000 - $550,000
  • 14 Jul 2023
    Listed for Rent $750 / 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 64,275 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 249 properties listed for sale, and 311 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2744 properties were sold in the past 12 months in Melbourne.

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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.