5207/568-580 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

5207/568-580 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 1217m2
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Property Details for 5207/568-580 Collins St, Melbourne

5207/568-580 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 1217m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2015
Floor Size
48m2
Land Size
1217m2
Local Government
Melbourne
Lot/Plan
5207/PS640930

Last Listing description (March 2023)

This is your chance to purchase one of the best apartments that Melbourne central business district can offer. Located on the 52th floor of Collins Tower, this modern city pad offers the ultimate city lifestyle as it is only moments from restaurants, boutiques and Crown Casino entertainment precinct.

With free tram zones at your doorstep, you will have fast and direct access to Spencer, Collins and Bourke St, Melbourne University and RMIT, whilst Southern Cross train station can be reached within a short walking distance.

The unit is completed with stainless steel kitchen appliances and plush carpet flooring in the bedroom. Buyers will have the privilege to enjoy the exclusive resident facilities such as, indoor swimming pool, sauna and gym with sweeping Melbourne CBD views. This property is a perfect investment opportunity that offers great rental return due to its potential high demand from students of RMIT, Melbourne Uni and William Angliss, as well as professionals who work in the CBD area.

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Property History for 5207/568-580 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$330,000
13 May 2023
Listed for Rent
$430/w
07 Oct 2022
  • 13 May 2023
    Sold for $330,000
  • 30 Mar 2023
    Listed for Sale $330,000 - $350,000
  • 12 Aug 2022
    Listed for Rent $430 / week
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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 64,280 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 297 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2673 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.