1114/480-490 Collins StreetMelbourne VIC 3000
Property Details for 1114/480-490 Collins St, Melbourne
1114/480-490 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 1400m2. While the property is not currently for sale or for rent, it was last sold in September 2011.
Last Listing description (October 2011)
A FINE FUTURE? 7%+ NET RETURN ON ASKING PRICE
CURRENTLY RETURNING $14,234 PER ANNUM AND A 3% CAPITAL GROWTH EVERY YEAR, ?OAKS ON COLLINS? PROVIDES THE PERFECT INVESTMENT TO BEGIN OR ADD TO YOUR INVESTMENT FOLIO. THIS SUPERB NEW YORK STYLE APARTMENT IDEALLY POSITIONED ON THE 11TH FLOOR AND OFFERS POSH MODERN FINISHES WHICH INCLUDES BALCONY, FULLY-TILED BATHROOM, STAINLESS STEEL APPLIANCES, BEDROOM, OPEN-PLAN LIVING AREA, BUILT IN ROBE, REVERSE CYCLE HEATING AND COOLING. FEATURES ? BALCONY / PATIO / TERRACE ? GYM ? SWIMMING POOL ? SAUNA ? BUSINESS CENTRE ? RESTAURANT/CAFE WITH LEASING OPIONS OF 5 X 5 X 5 AND TENANT PAYS OWNERS CORPORATION FEES, COUNCIL & WATER RATES AVOID THE HASSLE OF INVESTING CALL NOW FOR YOUR PRIVATE VIEWING JOE CIMINO - 0418 336 269 OR AISSA SALOM - 0412 766 253
Property History for 1114/480-490 Collins St, Melbourne, VIC 3000
- 07 Oct 2011Listed for Sale $195,000
- 16 Sep 2011Sold for $188,000
- 09 Jul 2011Listed for Sale 195000
Recent sales nearby
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 64,271 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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