OFF MARKET

5207/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 63m2
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Last updated 16 Sep 2024
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Property Details for 5207/500 Elizabeth St, Melbourne

5207/500 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
2016
Floor Size
63m2
Local Government
Melbourne
Lot/Plan
5207/PS702914

Last Listing description (October 2020)

This two bedroom and two bathroom apartment is your ideal city property, with Queen Victoria Market just across the road, Melbourne Central Shopping Centre, RMIT and Melbourne UNI just minutes away, the location is second to none.

As you would expect, the fittings and fixtures throughout are of the highest standard, and include quality high-end appliances in your kitchen, bespoke Corian basins in your bathroom and double-glazing on all windows to keep the hum of the city out, and your peace and quiet in. Your residence is also equipped with its own NBN link for super-fast internet speeds.

Vision Apartments also features state of the art, resort style facilities with an emphasis on resident's health and wellbeing. Including sculpted pool, spa, sauna and steam rooms, gymnasium, function rooms with dedicated kitchens and outdoor entertaining, cinema and outdoor BBQ Terrace. Be quick as this opportunity will not last long!

Property History for 5207/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$575,000
25 Sep 2019
Listed for Rent
$650/w
21 Aug 2018
  • 25 Sep 2019
    Sold for $575,000
  • 09 Jul 2019
    Listed for Sale $580,000 to $600,000
  • 03 Aug 2018
    Listed for Rent $650 / 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 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 61,329 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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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.