SOLD
Sold on 22 May 2024 for $220,000

1016/480-490 Collins Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1400m2
Sold By
Precinct Estate Agents
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Property Details for 1016/480-490 Collins St, Melbourne

1016/480-490 Collins St, Melbourne is a 2 bedroom, 1 bathroom Unit 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 May 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1966
Land Size
1400m2
Local Government
Melbourne
Lot/Plan
1016/PS523999

Last Listing description (May 2024)

This property offers a unique opportunity to own a piece of the bustling city at an affordable price. Perfect for investors seeking high return or a cosy place to live. This apartment is fully featured for city living. Ready to move into, lease out or use for short stay accommodation.

Step inside 480 Collins St and you will be impressed. With easy access to level 10 you will find apartment 1016. This apartment which has been recently renovated has flowing engineered timber floor, stone kitchen and a sizeable balcony. This well-appointed kitchen includes four burner electric cooktop, oven, microwave space, rangehood and fridge. Cupboard space is plenty and there is also a study desk looking outwards. The apartment has a fully tiled bathroom and has recently been painted.

Situated in a prime location, this home is just steps away from shopping, dining, and entertainment options. With easy access to public transportation at Southern Cross or Flinders St stations, commuting to work or exploring the city is a breeze.

Property History for 1016/480-490 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$220,000
22 May 2024
  • 22 May 2024
    Sold for $220,000
  • 11 Apr 2024
    Listed for Sale $225,000
  • 19 Aug 2006
    Sold for $229,000

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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 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% 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 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 61,307 properties.

    There are currently 273 properties listed for sale, and 271 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 1993 properties were sold in the past 12 months in Melbourne.

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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.