Back 5307/500 Elizabeth St
Off Market

5307/500 Elizabeth St

Melbourne VIC 3000

2
2
Apartment
Jolene TanJolene Tan, last sold this property on 19 May 2026 after 68 days on market.

Overview

Sky-High Living with Rare Uninterrupted Views from Every Room

Welcome to 5307/500 Elizabeth Street, Melbourne. Positioned high on the 53rd floor of Vision Apartments, this beautifully designed two-bedroom, two-bathroom residence offers elevated city living in one of Melbourne's most convenient locations. Perfect for both investors and owner-occupiers. What truly sets this apartment apart is its rare, fully uninterrupted views from every room-including both bedrooms and the living area. In a city where future developments often compromise outlooks, this is an exceptionally scarce feature, making it highly desirable for comfortable living and long-term investment. Filled with natural light through floor-to-ceiling windows, the open-plan living and dining area flows seamlessly onto a private balcony with impressive panoramic city views, creating a bright and inviting space to relax or entertain. Both bedrooms enjoy equally stunning vistas, enhancing everyday lifestyle and tenant appeal. Residents enjoy access to premium facilities including an indoor heated pool, spa, gym, sauna, cinema, resident lounge, function room, 24-hour concierge, and secure fob entry-delivering a true resort-style experience. Perfectly positioned moments from Queen Victoria Market, RMIT University, Carlton Gardens, and Melbourne's vibrant dining and shopping precincts, this is an outstanding opportunity to secure a property that offers both strong lifestyle appeal and solid investment fundamentals, with an approximate 8-9% rental return and excellent rental demand. A rare offering where views, lifestyle, and investment potential align perfectly. Contact Jolene Tan on 0466 366 041 today for more information or to arrange an inspection.

Features

2 bedrooms
2 bathrooms
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 5307/500 Elizabeth St is $545.47k.

Median value
$545.47k
Estimated value range
$237k - $3m
Median days on market
46
Estimated value trend
0%
increase 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 5307/500 Elizabeth St

2026
Sold
Undisclosed
19 May 2026 by Jolene Tan, of Ray White Southbank | Melbourne City
2024
Rented
Undisclosed
Leased on 10 Apr 2024 by Melcorp Real Estate City Central
2023
Rented
Undisclosed
Leased on 09 Mar 2023 by Melcorp Real Estate City Central

Happy sellers in Melbourne

83%
83% 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 129 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 807 two-bedroom apartments similar to 5307/500 Elizabeth St, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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