23/394-398 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

23/394-398 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1430m2
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Property Details for 23/394-398 Collins St, Melbourne

23/394-398 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1876. The property has a land size of 1430m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1876
Land Size
1430m2
Local Government
Melbourne
Lot/Plan
23/PS424955

Last Listing description (March 2021)

Prepare to fall in love with the beautifully renovated, perfectly positioned Heritage gem positioned on prestigious Collins Street in The Bank Apartments Circa 1875.

- Exciting, rare heritage opportunity

- Peaceful, generous main bedroom with abundant robes
- Spacious open plan living offers functionality and comfort
- A bathroom to indulge the senses
- Sleek, clever kitchen with ample storage
- Balcony perfect to accommodate a lovely herb garden
- Prestigious building with period facade & lobby
- Free city trams on your doorstep

This stunning city residence with a refined heritage air draws you in and invites you to stay a while.

Please note: Best to enter via Queen Street entrance.

Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.

Property History for 23/394-398 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$345,000
16 Feb 2021
  • 16 Feb 2021
    Sold for $345,000
  • 17 Mar 2020
    Listed for Sale Private Sale
  • 07 Dec 2019
    Sold
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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 64,268 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 273 properties listed for sale, and 169 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.