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Back 3512/500 Elizabeth Street
Off Market

3512/500 Elizabeth Street

Melbourne VIC 3000

2
1
Apartment
Last sold for $435,000
Tom PriorTom Prior, last sold this property on 06 May 2026 after 26 days on market.

Overview

Modern Inner-City Apartment Opposite Queen Victoria Market

Positioned high on the 35th floor of the highly regarded Vision Apartments, this truly one-of-a-kind residence delivers elevated city living with sweeping urban views, a unique layout, and first-class amenities. A standout feature of the home is its expansive entrance hall, creating an immediate sense of space and separation rarely found in apartment living. The open-plan living and dining area is enhanced by timber floorboards and expansive windows that flood the space with natural light, delivering a bright and contemporary atmosphere. The sleek kitchen is well-appointed with stone benchtops, quality appliances, ample storage, and the added convenience of a dishwasher—ideal for both everyday living and effortless entertaining. The master bedroom is generously proportioned and comfortably finished with soft carpeting and built-in robes, while the central bathroom is fully tiled and complemented by a European laundry. Reverse-cycle heating and cooling is provided in both bedrooms, ensuring year-round comfort throughout the home. Residents enjoy access to five-star facilities, including a 25-metre indoor heated pool, fully equipped gym, cinema, outdoor BBQ terrace, as well as on-site concierge and security. Perfectly located opposite Queen Victoria Market and within walking distance of Melbourne Central, RMIT, the University of Melbourne and Flagstaff Gardens, with trams at your doorstep and within the free tram zone, this is inner-city living at its finest. Currently operating as a successful Airbnb, the property offers immediate income potential and can be sold fully furnished, presenting a seamless, turnkey investment opportunity with strong ongoing returns.

Features

2 bedrooms
1 bathroom
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 3512/500 Elizabeth Street is $545.38k.

Median value
$545.38k
Estimated value range
$230k - $2.95m
Median days on market
48
Estimated value trend
-1%
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 3512/500 Elizabeth Street

2026
Sold
$435,000
06 May 2026 by Tom Prior, of 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 134 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 817 two-bedroom apartments similar to 3512/500 Elizabeth Street, have been sold.

This represents a 10% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne

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Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 12 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
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Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and honest

  •   5   (113 reviews)
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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (56 reviews)
  •  8 Reviews in Melbourne
  •  11 Sales in Melbourne
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