23-25 Gipps Street, Collingwood, VIC 3066 | Property Value & History | OnTheHouse
 
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23-25 Gipps Street
Collingwood VIC 3066

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 4163m2
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Property Details for 23-25 Gipps St, Collingwood

Building Type
Land
Land Size
4163m2
Local Government
Yarra
Lot/Plan
1W/PS421685

Last Listing description (September 2021)

Located on the doorstep of Melbourne's CBD, this development opportunity is surrounded by some of Melbourne's best lifestyle amenity. As Collingwood is mooted as one of Melbourne's preeminent commercial precincts, 25 Gipps Street provides developers, owner occupiers and/ or investors with genuine growth potential.

The development at 25 Gipps Street is situated at the rear of an existing strata development, Glassworks Building, and atop of an existing two level (including basement) car park and commercial building. With an already established structure and onsite services, this development opportunity may offer an ability to fast track the construction and create a premium development in a thriving precinct (STCA).

A major city fringe commercial development or strata office development (STCA)

Permit for an additional four level office development boasting 3,763 sqm of NLA and 29 car parks

Exceptional city fringe location which has experienced phenomenal growth and gentrification over the years

Melbourne's city fringe office market currently has one of the tightest vacancy rates and strongest rental growth rates in Australia

Neighbouring a number of high profile commercial and residential projects, further highlighting the growth prospects of the area

Surrounded by unparalleled lifestyle amenity including some of Melbourne's most popular cafes, restaurants and bars/ breweries

Ideal connectivity and access to public transport access as its short stroll to a number of tram routes and multiple train stations

Excellent vehicle access with close proximity to Victoria Parade, Hoddle Street, Wellington Street, Eastern Freeway and Alexandra Parade

Commercial 2 Zoning providing for a range of high value potential redevelopment options including commercial office, hotel and retail (STCA)

Potential for extended settlement terms

The property is for sale via Expressions of Interest closing at 3pm on Wednesday the 21st of April 2021. For further information or to inspect the property please contact Gross Waddell ICR directly.

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Property History for 23-25 Gipps St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
Listed for Rent
$671/w
26 Oct 2022
  • 16 Mar 2021
    Listed for Sale Contact Agent
  • 27 May 2019
    Listed for Sale Not Disclosed
  • 05 Jul 2018
    Listed for Sale Not Disclosed
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About Collingwood 3066

The size of Collingwood is approximately 1.3 square kilometres. There are 5 parks, covering nearly 2.2% of the total area. The population of Collingwood in 2016 was 8513 people. By 2021 the population was 9179 showing a population growth of 7.8% in the area during that time. The predominant age group in Collingwood is 30-39 years. Households in Collingwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Collingwood work in a professional occupation.In 2021, 33.30% of the homes in Collingwood were owner-occupied compared with 30.40% in 2016.

Collingwood has 8,750 properties. Over the last 5 years, Houses in Collingwood have seen a -12.03% decrease in median value, while Units have seen a 1.06% increase. As at 31 July 2026:

  • The median value for Houses in Collingwood is $1,155,309 while the median value for Units is $694,534.
  • Houses have a median rent of $800 while Units have a median rent of $700.
There are currently 41 properties listed for sale, and 12 properties listed for rent in Collingwood on OnTheHouse. According to Cotality's data, 372 properties were sold in the past 12 months in Collingwood.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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