1712/480-490 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1712/480-490 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1400m2
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Property Details for 1712/480-490 Collins St, Melbourne

1712/480-490 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 2014.

Building Type
Unit
Year Built
1966
Land Size
1400m2
Local Government
Melbourne
Lot/Plan
1712/PS523999

Last Listing description (September 2014)

Flexible investment with a high return or a place to call home. The choice is yours.
Defined by its coveted Collins Street address in the heart of Melbourne's cosmopolitan CBD, opposite The Rialto, this stylish studio apartment is perched upon Level 17 of 'Oaks on Collins', a contemporary New York-style security building with exceptional residents' facilities. An ideal first home opportunity, flexible investment or city pad for the owner-occupier, its generous open plan design incorporates fully furnished interiors flowing to a sizeable north facing balcony overlooking the city skyline.
A statement in executive living, it is located steps from laneway cafes and public transport options, and moments from Crown Casino, Southbank restaurants and the theatre district. This outstanding property currently achieves a generous return with options for the owner.

Set beneath high shadowline ceilings and drenched in natural light, the floor plan encompasses a large living area with room for a queen sized bed and an integrated granite kitchen with premium stainless steel appliances including a DishDrawer, full height cabinetry and glass splashbacks. French doors afford access to the private covered balcony with ample room for an outdoor setting, enjoying panoramic northerly city views. There is also a sleek bathroom behind a frosted glass door, which is dressed in floor-to-ceiling polished tiles and has a walk-in shower.
Features include two fixed workstations, built-in robes, split system air-conditioning, openable windows, downlighting, quality carpet and elegant neutral decor. In addition, the refurbished building provides secure swipe card entry, internal lift access, a business centre, an onsite cafe and a Level Three Health Club with an outdoor lap pool, sauna and gymnasium.

Property History for 1712/480-490 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$266,000
24 Sep 2014
  • 24 Sep 2014
    Sold for $266,000
  • 05 Aug 2014
    Listed for Sale $250,000 PLUS
  • 23 Jun 2008
    Transferred
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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 64,123 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:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 303 properties listed for sale, and 172 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2649 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.