1503/480-490 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1503/480-490 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 28m2
Land area: 1400m2
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Last updated 20 Apr 2026
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Property Details for 1503/480-490 Collins St, Melbourne

1503/480-490 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 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1966
Floor Size
28m2
Land Size
1400m2
Local Government
Melbourne
Lot/Plan
1503/PS523999

Last Listing description (November 2025)

Set in the cosmopolitan heart of Melbourne, this furnished studio apartment offers a lifestyle of convenience enjoying direct access to cafes, bars, award-winning restaurants, boutique shopping, public transport, and Crown Casino.

Showcasing the best of inner city living, the functional space offering views over Collins Street, boasts a comfortable living area, queen sized bed with bedside table and lamp, sleek kitchen with quality appliances, and a built-in workspace, kept comfortable year-round with the split system air conditioning. The stylish bathroom with walk in shower is concealed behind designer frosted glass sliding doors. Laundry facilities are available and full gym access is included


Tastefully styled in neutrals, this great city home is waiting for you

*Please note inspection times are subject to change without notice so we recommend that you check the internet on the day of the inspection. Please ensure that you arrive at the beginning of the inspection*

Property History for 1503/480-490 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$192,000
06 Jun 2024
Listed for Rent
$455/w
06 Nov 2025
  • 29 Sep 2025
    Listed for Rent $455 / week
  • 30 Jul 2024
    Listed for Rent $430 / week
  • 06 Jun 2024
    Sold for $192,000
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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 64,265 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.
There are currently 275 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.