SOLD
Sold on 23 Apr 2024 for $300,000

1609/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 38m2
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Property Details for 1609/500 Elizabeth St, Melbourne

1609/500 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Townhouse and was built in 2016. The property has a floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Townhouse sold in Melbourne in the last 12 months.

Building Type
Townhouse
Year Built
2016
Floor Size
38m2
Local Government
Melbourne
Lot/Plan
1609/PS702914

Last Listing description (November 2024)

This exceptional one-bedroom apartment epitomizes urban living at its finest. Situated just opposite the vibrant Queen Victoria Market and mere minutes away from Melbourne Central Shopping Centre, RMIT, and Melbourne University, its location is unparalleled.

Expect nothing less than top-notch fittings and fixtures throughout. Your kitchen boasts high-end appliances, while the bathroom features bespoke Corian basins. With double-glazed windows, the city's hustle and bustle is kept at bay, ensuring your tranquility. Plus, enjoy lightning-fast internet speeds courtesy of your own NBN link.


Vision Apartments goes beyond standard living with its resort-style facilities, prioritizing residents' health and well-being. From a sculpted pool, spa, sauna, and steam rooms to a fully-equipped gymnasium, function rooms with dedicated kitchens, outdoor entertainment areas, a cinema, and an inviting BBQ terrace, every amenity is designed for your enjoyment.

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Property History for 1609/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$300,000
23 Apr 2024
  • 23 Apr 2024
    Sold for $300,000
  • 29 Feb 2024
    Listed for Sale $320,000 - $350,000
  • 07 May 2012
    Sold for $386,000

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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 61,547 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 378 properties listed for sale, and 337 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2192 properties were sold in the past 12 months in Melbourne.

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