505/422-428 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

505/422-428 Collins Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 505/422-428 Collins St, Melbourne

505/422-428 Collins St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1925. While the property is not currently for sale or for rent, it was last sold in May 2005.

Building Type
Unit
Year Built
1925
Local Government
Melbourne
Lot/Plan
505/PS430247

Last Listing description (January 2025)

Modern functionality meets Melbourne heritage

Step into the iconic Temple Court Building, which features a classic Art Deco-style apartment in the heart of Melbourne's CBD. Inspired by New York design, this apartment features high ceilings, exposed plumbing, and an open-plan kitchen that enhances the expansive living area.

This property offers generously sized bedrooms with built-in wardrobes, a large central bathroom, and a European laundry. The open-plan layout creates a bright and airy atmosphere, with a kitchen fitted with stainless steel appliances and ample storage. Adjacent to the kitchen, the living area showcases timber flooring and oversized windows, inviting natural light throughout.

Perfectly located near Bank Place, Mitre Tavern, public transport, restaurants, and cafes. This apartment is also a short walk to the Yarra River, Southbank Promenade, and Crown Casino. With the very best Melbourne has to offer, literally at your doorstep, this apartment is simply must-see.

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Property History for 505/422-428 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$213,600
06 May 2005
  • 10 Jan 2025
    Listed for Rent $575 per week
  • 20 Jul 2023
    Listed for Rent $550 per week
  • 06 Jan 2021
    Listed for Rent $350 per week * Neg*
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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 64,288 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, 2750 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.