Vision Apartments
496-504 Elizabeth Street, Melbourne VIC 3000
- 230 m tall · #10 in Melbourne
- 70 floors
- 556 homes
- 4 businesses
- 156 car spaces
What's available here Add a listing link
| Looking to | In this building | Area guide | Search the building |
|---|---|---|---|
| Buy | — | Unit median $545,000 | realestate.com.au ↗domain.com.au ↗ |
| Rent | — | 1-bed median $560/wk | realestate.com.au ↗domain.com.au ↗ |
| Lease space | — | — | realcommercial.com.au ↗commercialrealestate.com.au ↗ |
Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.
10 years standing
Built in 2 yrs 2 mths
- 2009Planning application
- Nov 2013Construction started
- 2016Completed
- TodayStill standing
8 building permits · 2 news storiesFull timeline ↓
About Vision Apartments
Vision Apartments is an apartment tower in Melbourne's CBD with 71 floors above ground and 556 homes. Its roof stands 230 m high, ranking number 10 of 1586 buildings in the Melbourne CBD by measured roof height. Developed by Brady Group, designed by Peddle Thorp and built by Brady Constructions, it was started in 2013 and completed in 2016.
At a glance
Key facts
- Building type
- 🏬 Mixed use
- Completed
- 2016
- Construction started
- 2013
- Height
- 229 m Unconfirmed ?We don't have data to 100% confirm this data point as yet.
#10 of 1596 in Melbourne - Floors
- 70
- Footprint
- 995 m²
- Homes
- 556
- Architect
- Peddle Thorp Architects
- Builder
- Brady Constructions
- Businesses
- 4
- Car spaces
- 156
- Strata plan
- PS702914 · 782 lots
- Planning zone
- CCZ1
- Permits on record
- 8
Score cards
State Library Station 3 min walk · 6 tram stops within 400 m
62 cafés, 10 grocers, 1 medical within 250 m
75 street trees within 150 m · park 248 m away
12,417 people pass daily nearby · 41 licensed venues within 200 m
Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.
Apartments
The council hasn't recorded a bedroom breakdown for Vision Apartments.
🚗 156 residential car spaces recorded at this property, about 0.3 per home. Which apartments have a space isn't recorded, so check the listing.
City of Melbourne Development Activity Monitor and off-street car parks, CC BY 4.0.
The building team
The people and companies behind the design, construction and management of Vision Apartments.
Location & neighbourhood
Getting around
Train station3 min · 270 m
Train station4 min · 352 m
Tram stop1 min · 64 m
Tram stop3 min · 238 m
Tram stop3 min · 244 m
Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.
Within a 3-minute walk
Who lives in Melbourne (CBD)
ABS Census 2016 via City of Melbourne (CC BY).
Prices and rents around here
Suburb and area medians, not this building's prices.
Prices: Victorian Property Sales Report, © State of Victoria (Department of Transport and Planning), CC BY 4.0.
Median weekly rents for new leases, CBD-St Kilda Rd
| Apartment | Median rent | Change in a year | Trend since Mar 2016 | New leases |
|---|---|---|---|---|
| 1 bedroom | $560/wk | +1.8% | 6,274 in the year to Sep 2025 | |
| 2 bedroom | $735/wk | +2.1% | 6,605 in the year to Sep 2025 | |
| 3 bedroom | $1050/wk | -4.5% | 737 in the year to Sep 2025 |
Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.
Businesses in Vision Apartments
4 businesses recorded in the City of Melbourne's latest business census.
D2M Beauty Clinic
Hwadam BBQ
Lost In Yunnan Elizabeth
Mr.Eggette
Looking for space in Vision Apartments?
Timeline
Everything that has happened at Vision Apartments: listings, news, works, planning and history.
Planning & heritage
Planning controls
DDO1Design and Development Overlay: limits on building height, setbacks and designDDO10Design and Development Overlay: limits on building height, setbacks and designPO1Parking Overlay: controls on how much car parking new development can provideSBO2Special Building Overlay: mapped as at risk of overland stormwater floodingVicmap Planning, © State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.
Subdivision & permits
- Plan of subdivision
- PS702914
- Lots on the plan
- 782
- Owners corporation
- Yes (common property)
- Building permits on record
- 8
- Estimated cost of works
- About $101.9m
Costs are estimates declared on permits, not amounts spent. Stages of a project repeat its value, so we group them and count each project once. A value can cover a project spanning several buildings. Our calculation from City of Melbourne building permits, CC BY 4.0.
History of the site
How it's been recorded over time
City of Melbourne Census of Land Use and Employment, since 2002.
Community
What people say about Vision Apartments in public forums and groups, and reviews left here.
CBD - North > Vision Apartments - 500 Elizabeth St > 229m / 73L / residential / completed
Enthusiast thread tracking the 229m, 73-level residential Vision Apartments tower on Elizabeth Street from proposal to completion, with project details and updates.
MELBOURNE - Vision Apartments (Stork), 229m / 70 fl / com
Melbourne SkyscraperCity forum thread on the Vision Apartments (Stork) tower, a 229m, 70-floor mixed-use building, as listed in its title.
Summaries describe what's discussed; they aren't our view or a statement of fact, and we don't name posters. The discussions belong to their sites.
Resident & tenant reviews
No reviews of Vision Apartments yet. Be the first to tell future neighbours what it's like.
Reviews are checked before they're published. No one is named without permission.
Rate and review Vision Apartments
Frequently asked questions
Is Vision Apartments residential or commercial?
Vision Apartments mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.
When was Vision Apartments built?
Vision Apartments was completed in 2016.
How many floors does Vision Apartments have?
Vision Apartments has 70 floors above ground.
How many apartments are in Vision Apartments?
Vision Apartments has 556 homes. The national address file lists 627 unit addresses here, and some of those can be shops or offices.
Does Vision Apartments have parking?
The City of Melbourne records 156 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.
What do apartments cost near Vision Apartments?
The median unit price in Melbourne was $545,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.
What businesses are in Vision Apartments?
The latest council census counted 4 businesses in Vision Apartments, including D2M Beauty Clinic, Hwadam BBQ and Lost In Yunnan Elizabeth.
Are there apartments for sale or rent in Vision Apartments?
See the residential listings on this page, or use the shortcuts to search 496-504 Elizabeth Street on realestate.com.au and Domain.
Is there office or retail space for lease in Vision Apartments?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.
Who designed and built Vision Apartments?
Brady Group developed Vision Apartments, Peddle Thorp designed it and Brady Constructions built it. The building team section has the sources.
How tall is Vision Apartments?
About 230 metres, measured from the City of Melbourne's 3D building model. It's number 10 of 1596 buildings in Melbourne by height.
What public transport is near Vision Apartments?
State Library Station is the nearest train station, about 3 minutes' walk. The nearest tram stop is Queen Victoria Market/Elizabeth St #7, about 1 minute's walk.
What is the planning zone for Vision Apartments?
The site is in the Capital City Zone - Schedule 1 (CCZ1).
Does Vision Apartments have an owners corporation?
Plan of subdivision PS702914 has 782 lots and common property, which means it is managed by an owners corporation.
Has any work been done on Vision Apartments recently?
The City of Melbourne has issued 8 building permits for Vision Apartments since 2013. The most recent was in April 2020.
Compare with nearby buildings
| Building | Type | Distance | Floors | Completed |
|---|---|---|---|---|
| Vision Apartments | Mixed use | — | 70 | 2016 |
| 58-64 Franklin Street | Commercial | 48 m | 13 | 1991 |
| ZEN Tower | Residential | 61 m | 49 | 2011 |
| Victoria One | Mixed use | 75 m | 79 | 2017 |
| Jasper Hotel | Hotel | 72 m | 9 | 1975 |
That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. Sources: City of Melbourne building permits (CC BY 4.0), CLUE building information (CC BY 4.0), CLUE business establishments (CC BY 4.0), CLUE residential dwellings (CC BY 4.0), Development Activity Monitor (CC BY 4.0), Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). Street View and business details © Google Maps.