FOR SALE
$210,000 - $220,000

502/45 Victoria Parade
Collingwood VIC 3066

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Affordable Ground Floor Abode

Prime lifestyle position, bordering East Melbourne, this amazing residence is sure to please.
Cambridge Court attracts some fantastic rent returns, offering investors higher than average yields, expecting a rental return of $360pw.
The apartment showcases an open plan living/dining room, kitchen, bedroom with robe and ensuite bathroom.
The building features beautiful period features, typical of the era, security entrance and located close to Universities, boutique retailers, public transport options, restaurants, galleries and parkland.
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Property Details for 502/45 Victoria Pde, Collingwood

502/45 Victoria Pde, Collingwood is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Peter Markovic Real Estate.

Building Type
Apartment

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About Collingwood 3066

The size of Collingwood is approximately 1.3 square kilometres. It has 5 parks covering nearly 2.2% of total area. The population of Collingwood in 2011 was 6,467 people. By 2016 the population was 8,508 showing a population growth of 31.6% in the area during that time. The predominant age group in Collingwood is 20-29 years. Households in Collingwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Collingwood work in a professional occupation. In 2011, 32.9% of the homes in Collingwood were owner-occupied compared with 30.4% in 2016.

Collingwood has 8,562 properties. Over the last 5 years, Houses in Collingwood have seen a 38.46% increase in median value, while Units have seen a 7.52% increase. As at 31 July 2024:

  • The median value for Houses in Collingwood is $1,253,639 while the median value for Units is $667,981.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 45 properties listed for sale, and 26 properties listed for rent in Collingwood on OnTheHouse. According to CoreLogic's data, 356 properties were sold in the past 12 months in Collingwood.

Suburb Insights for Collingwood 3066

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James Markovic
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Peter Markovic Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.