308/394-398 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

308/394-398 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 1430m2
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Property Details for 308/394-398 Collins St, Melbourne

308/394-398 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 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in May 2013.

Building Type
Unit
Year Built
1876
Floor Size
103m2
Land Size
1430m2
Local Government
Melbourne
Lot/Plan
308/PS424955

Last Listing description (April 2013)

Classic, heritage building, iconic and more???..
Massive one bedroom could be converted to two!
Located inside an old Banking Building in Collins Street, right in the smart heart of Melbourne. This magnificent fully furnished VIP apartment is situated on the corner overlooking Collins and Queen Streets. These photos tell the story of a unique apartment including a massive bedroom (or convert to two bedrooms) well appointed pristine bathroom complete with bath, washer/dryer, plus powder room. A fully equipped kitchen open planned large loungeroom with floor to ceiling large windows draped with fine furniture. This apartment was commonly known as the VIP suite;

Extras:
- Fully equipped Gymnasium
- Air conditioning
- Heating
- Dishwasher
- Elevators
- Stunning entrance/classical foyer
View this apartment and take this opportunity to make this stunning apartment yours.
This apartment is over two floors the massive bedroom and pristine bathroom is on the Mezzanine level.

Property History for 308/394-398 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$420,000
01 May 2013
  • 01 May 2013
    Sold for $420,000
  • 19 Feb 2013
    Listed for Sale $500,000 - $550,000
  • 01 Nov 1999
    Sold for $602,850
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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 278 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2695 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.