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.
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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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 64,236 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
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