1404/480-490 Collins Street, Melbourne, VIC 3000 sold on 02 June 2025 | OnTheHouse
 
SOLD
Sold on 02 Jun 2025 for $205,000

1404/480-490 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: -
Car spaces: 1
Land area: 1400m2
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Property Details for 1404/480-490 Collins St, Melbourne

1404/480-490 Collins St, Melbourne is a 1 bedroom, 0 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 June 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1966
Land Size
1400m2
Local Government
Melbourne
Lot/Plan
1404/PS523999

Last Listing description (July 2025)

This stunning 1 bedroom serviced apartment is the perfect addition for anyone looking to invest in their future!

Located within The Oaks on Collins, this remarkable suite offers large amounts of natural light, which stream into this pristine studio apartment! You'll also have access to the hotels gym and sauna!

- Currently on a 5 year lease commenced March 2023

- Returning $18,575 net per annum + GST + Outgoings.

Be quick to enquire!

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Property History for 1404/480-490 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$205,000
02 Jun 2025
  • 02 Jun 2025
    Sold for $205,000
  • 29 Apr 2025
    Listed for Sale Contact Agent
  • 16 Jan 2018
    Sold for $269,000
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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 64,290 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2737 properties were sold in the past 12 months in Melbourne.

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