Back 505/480 Collins Street
Off Market

505/480 Collins Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $245,000
Nick RichardsNick Richards, last sold this property on 14 October 2025 after 15 days on market.

Overview

Delighful 5th floor apartment

Located in the heart of Melbourne's prestigious legal and financial precinct, this fully furnished apartment at 505/480 Collins Street offers the perfect blend of style, comfort, and convenience for both investors and owner-occupiers alike. The apartment features warm timber floors, expansive windows that flood the space with natural light, and a modern, fully equipped kitchen with quality appliances and ample storage. The spacious living zone is complemented by split-system air conditioning for year-round comfort, while the sleek bathroom adds a touch of contemporary luxury. Every detail has been considered to provide a turnkey living experience - simply move in or rent out with ease. Residents also enjoy access to a well-equipped on-site gym, adding to the building's lifestyle appeal. With Melbourne's laneways, cafes, transport links, and major corporate hubs right on your doorstep, this is a standout opportunity in one of the city's most tightly held locations.

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 505/480 Collins Street is $344.58k.

Median value
$344.58k
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 505/480 Collins Street

2025
Sold
$245,000
Private Sale/Treaty on 14 Oct 2025 by Nick Richards, of Precinct Real Estate

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, 583 one-bedroom apartments similar to 505/480 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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