6703/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

6703/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
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Last updated 12 Jan 2026
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Property Details for 6703/500 Elizabeth St, Melbourne

6703/500 Elizabeth St, Melbourne is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2016. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
2016
Local Government
Melbourne
Lot/Plan
6703/PS702914

Last Listing description (August 2024)

Penthouse Living in "Vision Apartments"

**Fully Furnished**

Nestled in the vibrant heart of Melbourne's CBD, this exquisite 3-bedroom, 3-bathroom penthouse offers the epitome of urban luxury living. Boasting a prime location just a stone's throw away from Melbourne Central Station, shopping malls, and major supermarkets like Coles and Woolworths, convenience meets elegance in this stunning residence.

Step inside to discover a meticulously designed space, featuring three generously sized bedrooms adorned with contemporary furnishings. The fully equipped modern kitchen is a chef's dream, complete with top-of-the-line appliances including a gas cooktop and dishwasher. Entertain guests in the spacious open living and dining area, which seamlessly flows onto a private balcony offering breathtaking views of the Yarra River, Port Phillip Bay, and the iconic Melbourne skyline.

Residents of 'Vision Apartments' are treated to an array of luxurious amenities, ensuring every lifestyle need is catered to. Take a dip in the 25-meter indoor heated lap pool, stay active in the well-appointed gyms, or unwind on the outdoor BBQ terrace. Indulge in private dining and lounge rooms with kitchen facilities, rejuvenate in the sauna and steam rooms, or catch a film in the on-site cinema.

Beyond the building's confines, residents can explore lush green spaces, a bustling dining scene, and world-class entertainment options. With easy access to public transport including Melbourne Central and Flagstaff train stations, navigating the city and beyond is effortless.

Experience the pinnacle of cosmopolitan living in this spectacular penthouse, where luxury, convenience, and unparalleled views await.

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Property History for 6703/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,500,000
01 Oct 2016
  • 02 Jul 2024
    Listed for Rent $1700 WEEKLY
  • 13 Feb 2023
    Listed for Rent $2,800
  • 19 Mar 2020
    Listed for Rent $1,200 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 64,286 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 247 properties listed for sale, and 360 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 properties were sold in the past 12 months in Melbourne.

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© 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.

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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.

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