Back 1518/480 Collins Street
Off Market

1518/480 Collins Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $228,000
Alice GeddesAlice Geddes, last sold this property on 05 October 2025 after -186 days on market.

Overview

FIXED TERM LEASE UNTIL 2028! Approx 8.7% Gross Yield! Stylish Studio with Floor-to-Ceiling Windows & North-Facing Balcony in The Oaks

Positioned on Level 15 of the renowned Oaks Melbourne on Collins, this light-filled studio apartment offers a premium lifestyle opportunity in the heart of Melbourne's CBD – perfect for investors looking for a quality addition to their portfolio with a 8.7% Gross Yield (approx.)! Featuring floor-to-ceiling windows and a north-facing balcony, the apartment is bathed in natural light and offers elevated outlooks across the city. The well-designed open-plan layout incorporates a sleek kitchenette, generous living/sleeping zone, and a modern bathroom – all finished with contemporary styling. Residents of The Oaks enjoy exclusive access to premium building amenities, including a fully equipped gym, and concierge services – delivering convenience and comfort in equal measure. With a location that speaks for itself, residents will find Southern Cross Station, free trams, laneway cafes, restaurants, and Melbourne's iconic retail and entertainment precincts all just moments away. Disclaimer: Internal photos shown are taken from a similar unit on Level 16. Views from the balcony are representative of the actual apartment on Level 15. Minor differences may exist. All measurements, images, and information have been provided to Barry Plant Docklands by third parties. Purchasers are advised to carry out their own due diligence.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1518/480 Collins Street is $345.27k.

Median value
$345.27k
Estimated value range
$39k - $935k
Median days on market
37
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1518/480 Collins Street

2025
Sold
$228,000
05 Oct 2025 by Alice Geddes, of Barry Plant Docklands
2014
Sold
$225,000
Private Sale/Treaty on 16 Dec 2014

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 580 one-bedroom apartments similar to 1518/480 Collins Street, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

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