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Off Market

5210/500 Elizabeth Street

Melbourne VIC 3000

2
2
65.6 m²
Apartment
Last sold for $495,000
Brady Residential Sales TeamBrady Residential Sales Team, last sold this property on 23 August 2026 after 117 days on market.

Overview

Above the Clouds: Level 52 Living with Breathtaking CBD Views

Positioned high on Level 52 of the iconic Vision Apartments (c. 2016), this modern two-bedroom, two-bathroom apartment delivers an exceptional blend of lifestyle, location, and investment appeal in the heart of Melbourne's CBD. Step inside to a light-filled open-plan living and dining area, complemented by floor-to-ceiling windows that frame breathtaking panoramic views across the city skyline. The private balcony offers incredible views of Melbourne's city centre and the historic State Library of Victoria - perfect for morning coffee or evening relaxation above it all. The sleek kitchen is well-appointed with Miele appliances, ample storage, and a clean, contemporary design. Both bedrooms are generously sized with built-in robes, including a master with its own stylish ensuite, while the second bathroom is also fully tiled and boats a Corian stone basin, mirrored vanity and concealed cistern offering luxury and functionality. Enjoy unbeatable convenience with the famed Queen Victoria Market located at your front door, along with immediate access to Melbourne's leading universities including RMIT and the University of Melbourne. The central location places you within walking distance of the CBD's shopping, dining, transport, and cultural attractions-making it ideal for both owner-occupiers and tenants alike. This apartment is available for owner occupiers to move in and enjoy the amazing lifestyle on offer or investors can take advantage of high rental demand and a generous return. Investment Highlights: • Rental potential of $800 - $850 per week (unfurnished) or $900 per week (furnished) • Representing an Approx. gross rental yield of 8.03% (unfurnished) at $850/week or 8.50% (furnished) at $900 per week A premium inner-city residence with unbeatable views and location-this is Melbourne living at its finest.

Features

2 bedrooms
2 bathrooms
65.6 m² lot size
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 5210/500 Elizabeth Street is $543.75k.

Median value
$543.75k
Estimated value range
$237k - $3m
Median days on market
47
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 5210/500 Elizabeth Street

2026
Sold
$495,000
23 Aug 2026 by Brady Residential Sales Team, of BRADY residential
2025
Rented
Undisclosed
Leased on 17 Jul 2025 by BRADY residential
2022
Rented
Undisclosed
Leased on 09 Dec 2022 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 126 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 769 two-bedroom apartments similar to 5210/500 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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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 14 local sales and collected 31 local reviews across the last 12 months.

  •   5   (401 reviews)
  •  31 Reviews in Melbourne
  •  14 Sales 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

  •   4.9   (242 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 reliable

  •   5   (127 reviews)
  •  18 Reviews in Melbourne
  •  14 Sales in Melbourne
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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.

  •   5   (65 reviews)
  •  8 Reviews in Melbourne
  •  11 Sales in Melbourne
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