OFF MARKET

5607/500 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 61m2
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Property Details for 5607/500 Elizabeth St, Melbourne

5607/500 Elizabeth St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2016
Floor Size
61m2
Local Government
Melbourne
Lot/Plan
5607/PS702914

Last Listing description (February 2024)

A lifestyle unrivalled in sophistication, convenience, luxury and choice and ideally situated in a coveted corner position in Melbourne's CBD, this two bedroom, two bathroom apartment located on the 56th Floor offers an amazing balance of lifestyle and leisure.

Apartment features;
-Amazing views from the apartment

-Miele S/S appliances
-Caesar stone bench tops
-Split system heating/cooling
-Double glazed windows
-NBN ready
-Balcony
-Natural tones
-Sparkling bathroom with quality finishes and fittings
-European laundry.

Resident amenities;
-Secure entry
-Amazing indoor pool, sauna, steam room & spa facilities
-In-house cinema
-Grand gym
-Common lounge areas
-Conference/Entertaining Rooms
-Bicycle storage.

Close to;
-Public transport
-Universities
-Local markets
-Shopping centres
-Park
-Hospital

Whilst Brady Residential Pty Ltd has taken all care in the preparation of the photos and description of the property, interested person/s are advised to make their own enquiries and satisfy themselves in all respects of the property they wish to lease.

Property History for 5607/500 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$575,000
12 Jun 2019
Listed for Rent
$750/w
29 Dec 2022
  • 03 Oct 2019
    Listed for Rent $750 / week
  • 12 Jun 2019
    Sold for $575,000
  • 05 Mar 2019
    Listed for Sale $580,000 to $600,000
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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 60,844 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 354 properties listed for sale, and 299 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2141 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.