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Back 1603/500 Elizabeth Street
Off Market

1603/500 Elizabeth Street

Melbourne VIC 3000

3
2
1
Apartment
Tom PriorTom Prior, last sold this property on 29 October 2025 after 384 days on market.

Overview

Elevated Urban Oasis with Unmatched Space and Prime Location

Perched on the 16th floor of the prestigious Vision Apartments, this exceptional three-bedroom plus study room apartment epitomizes luxurious city living with unrivalled convenience. Boasting a coveted northern aspect, it allows for abundant natural light and offers captivating views over the iconic Queen Victoria Market and northern suburbs. Situated in a prime corner position, this generously sized apartment features dedicated living and dining zones bathed in all-day natural light from its sunlit balcony. The open-plan design ensures a seamless flow, perfect for both relaxing and entertaining. The modern kitchen is a standout, showcasing a pristine white stone benchtop, high-end stainless-steel appliances, and extensive floor-to-ceiling cabinetry for ample storage. The apartment's smart layout includes three well-sized, light-filled bedrooms, plus a versatile study/guest room with windows. The main bedroom features its own elegant ensuite bathroom, while the other bedrooms share an additional full bathroom. Notable features of this residence include two north-facing balconies that capture beautiful views, elegant timber flooring, heating and cooling systems. Residents of Vision Apartments enjoy a range of luxurious amenities, including a 25-meter indoor heated lap pool, fully equipped gyms, an outdoor BBQ terrace, private dining and lounge rooms with kitchen facilities, a sauna, steam rooms, and a cinema. Located just moments from the iconic Queen Victoria Market, this property offers unbeatable proximity to Melbourne's vibrant dining and cafe scene, entertainment venues, lush green spaces, and esteemed educational institutions like RMIT and Melbourne Universities. With excellent public transport links, including Melbourne Central and Flagstaff train stations, exploring the city and beyond is effortless. Experience unparalleled space and sophisticated urban living in this magnificent apartment-truly a must-see for those seeking the best of Melbourne. All care has been taken in the preparation of this material to ensure the information provided is accurate and reliable. However, we accept no responsibility and disclaim all liability for any errors, inaccuracies, omissions or misstatements contained herein. Purchasers are advised to conduct their own investigations to verify the details contained in this document. Some images may include virtual enhancements and are for illustrative purposes only. Buyers should also refer to the due diligence checklist provided by Consumer Affairs Victoria, available at: http://www.consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
2 bathrooms
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1603/500 Elizabeth Street is $1.01m.

Median value
$1.01m
Estimated value range
$390k - $3.65m
Median days on market
49
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1603/500 Elizabeth Street

2025
Sold
Undisclosed
29 Oct 2025 by Tom Prior, of BRADY residential
2024
Rented
Undisclosed
Leased on 24 Mar 2024 by BRADY residential
2023
Rented
Undisclosed
Leased on 15 Feb 2023 by BRADY residential

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 133 reviews in Melbourne over the last 12 months.

Local market activity for 3 bedroom apartments in Melbourne

In the last 12 months, 132 three-bedroom apartments similar to 1603/500 Elizabeth Street, have been sold.

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