SOLD
Sold on 27 Mar 2024 for $330,000

3901/568-580 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 49m2
Land area: 49m2
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Property Details for 3901/568-580 Collins St, Melbourne

3901/568-580 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 49m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
49m2
Land Size
49m2
Local Government
Melbourne
Lot/Plan
3901/PS640930

Last Listing description (June 2024)

3901 / 568 Collins Street, Melbourne VIC 3000.

Comfortable, convenient and affordable in the middle of CBD.

Level 39, Unit 3901, 1 bedroom 1 bathroom, Internal area: 49sqm, Balcony area: 3sqm, Total size: 52sqm.

Vacant possession.

Outgoings:
- Body corp: $6000 p.a.
- Council Rate: $890 p.a.
- Water Rate: $500 p.a.

Transportation:
- Free tram zone
- 2 min walk to Southern Cross Station

Investment highlights:-
1. Location
2. High quality
3. The Lifestyle
4. Low maintenance

Highlights: -
Showcasing stunning city, bay, lake and river views from every angle, head downstairs and stroll to Southern Cross trains, the SkyBus terminal with quick airport access, free trams, Southbank restaurants and buzzing laneway cafes.

Offering dual street-level access from Collins and Francis Streets, enjoy secure intercom entry, split-system heating/cooling, openable windows, Holland blinds, on-site building manager, and premium lifestyle facilities including a heated indoor pool, spa, sauna, fully equipped gym, and an entertainers' lounge.

About the project:
The skyscraper reaches 224 metres in height ? making it one of the tallest buildings in Melbourne.
Building: 588 unit, 69 levels
Completed in September 2015

Architect(s): Bruce Henderson Architects
Developer: Stamoulis Property Group
Main contractor: Hickory Group

Property History for 3901/568-580 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$330,000
27 Mar 2024
Listed for Rent
$440/w
06 Jul 2019
  • 27 Mar 2024
    Sold for $330,000
  • 11 Oct 2023
    Listed for Sale $330,000 to $350,000
  • 07 Jun 2019
    Listed for Rent - Price not available
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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 61,354 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 261 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2070 properties were sold in the past 12 months in Melbourne.

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Mandy Loh
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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.