914/480-490 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 1400m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Located along Melbourne's famous Golden Mile is the Oaks on Collins, which is currently a serviced apartment with Oaks on Collins, providing a set-and-forget investment opportunity.
This ideally situated building is a hub of activity right in the middle of the CBD. This fully refurbished building includes ample resident facilities including pool and gym, concierge, conference facilities and a five-star restaurant.
Recently refurbished, this comfortably sized studio apartment comprises air-conditioning, built in robes and a fully equipped kitchen with stone benches.
Take the opportunity to purchase into one of Australia's leading Hotel chains and capitalise on this sound investment or secure a quaint city home.
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:
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