OFF MARKET

1302/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
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Property Details for 1302/500 Elizabeth St, Melbourne

1302/500 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2016. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2016
Floor Size
62m2
Local Government
Melbourne
Lot/Plan
1302/PS702914

Last Listing description (September 2024)

Located in a coveted corner position in Melbourne's CBD, this two bedroom one bathroom apartment offers an amazing balance of lifestyle and leisure.
Apartment features:
- Two bedrooms with built in robes

- Miele S/S appliances
- Caesar stone bench tops
- Split system heating/cooling - Double glazed windows
- High speed internet (NBN) - Balcony
- European laundry Resident amenities; - Secure entry
- Indoor pool, sauna, steam room & spa facilities (provided there are no restrictions in place)
- In-house cinema
- Gym
- Common lounge areas

Property History for 1302/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$390,000
12 Jul 2021
Listed for Rent
$600/w
13 Sep 2024
  • 18 Jun 2024
    Listed for Rent $600 / week
  • 12 Jul 2021
    Sold for $390,000
  • 30 Jul 2013
    Sold for $523,000

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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 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% 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 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,876 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 296 properties listed for sale, and 283 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2090 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.