1210/480-490 Collins Street, Melbourne, VIC 3000 sold on 13 May 2025 | OnTheHouse
 
SOLD
Sold on 13 May 2025 for $210,000

1210/480-490 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 30m2
Land area: 1400m2
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Lewis Sales Team
Lewis Real Estate
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Property Details for 1210/480-490 Collins St, Melbourne

1210/480-490 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 1400m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
30m2
Land Size
1400m2
Local Government
Melbourne
Lot/Plan
1210/PS523999

Last Listing description (September 2025)

Situated on the twelfth floor of the renowned 'Oaks on Collins' building, this fully serviced studio apartment offers unbeatable convenience for investors and owner occupiers (with 90 days notice) in the heart of Melbourne's CBD. With everything you need at your doorstep, this exceptional investment should not be overlooked.

'Oaks on Collins' boasts a prime location, with Melbourne Airport just a short drive away and Southern Cross Station within walking distance. Residents can enjoy easy access to a variety of dining, shopping, and cultural attractions, including the Regent Theatre, ACME Theatre at Federation Square, Melbourne Aquarium, Yarra River, Melbourne Stock Exchange, Crown Casino, and the Southbank entertainment precinct. Iconic sporting venues like Etihad Stadium, Docklands, and the MCG are also nearby.

The thoughtfully designed studio provides a fantastic investment opportunity with features include a stylish ensuite bathroom, modern kitchen with Caesarstone benchtop, integrated microwave and refrigerator, Fisher & Paykel dishwasher, quality stovetop/oven, and a reverse cycle split system.

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Property History for 1210/480-490 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$210,000
13 May 2025
  • 13 May 2025
    Sold for $210,000
  • 06 Nov 2024
    Listed for Sale $225,000
  • 03 Aug 2017
    Sold for $215,000
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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 64,276 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 249 properties listed for sale, and 310 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 properties were sold in the past 12 months in Melbourne.

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