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VIC › Docklands › Collins St

U2305n, 883 Collins St, Docklands VIC 3008

For saleApartment

$418,000–$438,000

For sale

Asking range

1

Bedrooms

1

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $418,000–$438,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $418,000–$438,000(Listing record · 25 June 2026)
  • CalculationIf it leased at Docklands's advertised median rent ($703/wk), implied gross yield would be 8.75% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$418,000–$438,000

Asking range

No recorded sale for this property.

Docklands at a glance

19,151

People

No data

Median sale

$703/wk

Median rent

No data

Suburb gross yield

See the full Docklands report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$418,000
Stamp Duty (Victoria)
$20,150
Transfer/Registration Fee
$1,082
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$442,932

$24,932 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Docklands's advertised median rent — not a rent for this listing.

Net yield
7.25%
Annual cashflow (pre-tax)
$8,550
Interest cover (DSCR)
1.39
Annual rent
$36,556
Operating expenses
$6,270
Loan amount
$334,400
Annual interest
$21,736
Gross yield
8.75%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$418,000–$438,000available25 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $703/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 8.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Docklands in one glance

Docklands at a glance

19,151

People

No data

Median sale

$703/wk

Median rent

No data

Suburb gross yield

See the full Docklands report →

Keep researching

  • Why Docklands? Read the area thesis →
  • What else is on the market in Docklands →
  • Other records on Collins St →

Listing material

Listed by Forge Group Australia Melbourne

Stunning Water View Luxury in Prestigious Docklands | Month-to-Month Lease

Experience Sophisticated Waterfront Living with Stunning Water Views

Experience sophisticated waterfront living in this beautifully appointed 1-bedroom apartment, perfectly positioned within the highly sought-after 883 Collins Street complex in the heart of Docklands.

Boasting a sleek contemporary design and breathtaking water and city views, this stylish residence offers the perfect combination of luxury, comfort, and convenience.

Read the full description

Filled with natural light through floor-to-ceiling windows, the spacious open-plan living and dining area seamlessly connects to a modern designer kitchen, creating an ideal space for both everyday living and entertaining. Relax while enjoying spectacular waterfront and Melbourne skyline views from the comfort of your own home.

The generous bedroom features built-in robes and excellent natural light, while the elegant bathroom showcases premium fixtures and a sophisticated contemporary finish. A separate European laundry and additional storage further enhance practicality and convenience.

Currently leased at $620 per week on a flexible month-to-month tenancy, with an estimated rental potential of approximately $650 per week, this apartment presents an outstanding opportunity for investors seeking immediate rental income with the potential to further enhance returns. The flexible leasing arrangement also provides future owner-occupiers with greater convenience to move in when desired.

Resident Facilities

Heated indoor lap pool & spa

Fully equipped gymnasium with free weights

Resident lounge & private dining areas

Yoga studio

Theatre room

Games room

Landscaped gardens with BBQ facilities

Outdoor exercise equipment

Perfectly positioned just moments from waterfront restaurants, cafés, Marvel Stadium, Southern Cross Station, free trams and Melbourne's CBD, this exceptional apartment offers an enviable lifestyle in one of Docklands' most prestigious waterfront locations.

Whether you're searching for your next home or a quality investment, this apartment delivers the ideal combination of premium lifestyle, flexibility and strong investment appeal.

Property Highlights

Stunning water and city views

Spacious open-plan living and dining

Floor-to-ceiling windows with abundant natural light

Designer kitchen with quality appliances

Generous bedroom with built-in robes

Contemporary bathroom with premium finishes

Separate European laundry

Currently leased at $620 per week

Flexible month-to-month tenancy

Estimated rental potential of approximately $650 per week

Ideal for both owner-occupiers and investors

Priced to Sell | Stunning Water Views | $418,000 – $438,000

Contact Malcolm Lee today on 0422 888 201 to arrange your private inspection.

Don't miss this opportunity to secure a premium waterfront apartment in one of Docklands' most desirable addresses.

We also provide services in Mandarin and Cantonese (我們同時提供中文服務(普通話及廣東話)).

Listing description written by Malcolm Lee, Forge Group Australia Melbourne — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Gym
  • Intercom
  • Living Areas: 1
  • Outdoor Entertaining
  • Outside Spa
  • Pay TV
  • In-Ground Pool
  • Study
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.