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.
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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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:
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