6801/500 Elizabeth Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

6801/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 6
Bathrooms: 5
Car spaces: -
Land area: 1018m2
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Property Details for 6801/500 Elizabeth St, Melbourne

6801/500 Elizabeth St, Melbourne is a 6 bedroom, 5 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 transferred in June 2014.

Building Type
Unit
Year Built
2016
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
6801/PS702914

Last Listing description (June 2025)

Step into the world of ultimate luxury with this extraordinary three-level penthouse, crowned with an expansive private rooftop terrace. Located at the northern entrance to the city, this stunning residence offers ultimate privacy, panoramic views and exceptional amenities, all opposite Melbourne's iconic Queen Victoria Market.

Spanning over 800 square metres, every detail exudes elegance. From imported natural stone finishes and sleek contemporary lines to floor-to-ceiling glass walls that frame unparalleled views of the city, ocean and distant ranges, this home is a sanctuary of style. At the heart of this residence lies a state-of-the-art kitchen equipped with Gaggenau appliances and a concealed butler's pantry. The dual open-plan living and dining areas flow seamlessly into expansive terraces, inviting the outdoors in and creating the perfect backdrop for entertaining or quiet relaxation.

Boasting 4 bedrooms, each are a retreat in their own right, complete with bespoke wardrobes and private ensuite bathrooms. The master suite sets a new benchmark in opulence, featuring a lavish marble-clad bathroom with a soaking tub and indulgent dressing room.

Key highlights:
- Prime Location: With the Queen Victoria Market just 1 minute away, you'll have comprehensive access to fresh produce, gourmet goods, and everything you need for daily living. The tram station is just moments away, making exploring the city a breeze.

- Spacious Layout: The penthouse offers stunning, open concept living areas, perfect for both relaxation and entertainment. The elegant living rooms, dining areas and multiple bedrooms are all designed with the finest materials and finishes.

- Panoramic Views: Experience unmatched 360 degree views of the city skyline, distant ranges and Port Phillip from sunrise to sunset.

- Private Business Suite and Rooftop Terrace: Work from the self contained business suite with private lift access and then entertain from the generous outdoor terrace, complete with fully equipped kitchen/BBQ and luxurious lounge showcasing the breathtaking views.

- Exclusive Amenities: Complementing the penthouse and its five vehicle spaces are quality building amenities including indoor pool, gymnasium, sauna, cinema and concierge services whilst private lift access provides enviable privacy and security.

This unique penthouse combines luxury and convenience, presents stunning views, a private retreat, and seamless access to a vibrant city.

Property History for 6801/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
18 Jun 2014
  • 26 Dec 2024
    Listed for Sale Not Disclosed
  • 18 Jun 2014
    Transferred
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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 64,287 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 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2727 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.