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VIC › Collingwood › Victoria Pde

U318, 45 Victoria Pde, Collingwood VIC 3066

For saleUnit

$250,000–$270,000

For sale

Asking range

1

Bedrooms

1

Bathrooms

1

Car spaces

50.14 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $250,000–$270,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $250,000–$270,000(Listing record · 15 Aug 2026)
  • FactLand 50 m²; no building size recorded.(Property record)
  • CalculationAsk is 76% below the Collingwood median recorded sale ($1,028,000, n=6, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Collingwood's advertised median rent ($596/wk), implied gross yield would be 12.40% — 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

$250,000–$270,000

Asking range · $4,986/m² of land

No recorded sale for this property.

Collingwood at a glance

11,383

People

$1,028,000

Median sale

$596/wk

Median rent

3.01%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Collingwood report →

Vs Collingwood

-75.7%

Median sale

Suburb $1,028,000

+9.39 pp

Gross yield

Suburb 3.01%

Suburb median $1,028,000 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

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

Purchase Price
$250,000
Stamp Duty (Victoria)
$10,070
Transfer/Registration Fee
$689
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
$264,459

$14,459 on top of the price (5.8% 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 Collingwood's advertised median rent — not a rent for this listing.

Net yield
10.90%
Annual cashflow (pre-tax)
$14,242
Interest cover (DSCR)
2.10
Annual rent
$30,992
Operating expenses
$3,750
Loan amount
$200,000
Annual interest
$13,000
Gross yield
12.40%

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$250,000–$270,000available15 Aug 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 $596/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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 12.4%. 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

Collingwood in one glance

Collingwood at a glance

11,383

People

$1,028,000

Median sale

$596/wk

Median rent

3.01%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Collingwood report →

Keep researching

  • Why Collingwood? Read the area thesis →
  • What else is on the market in Collingwood →
  • Other records on Victoria Pde →

Listing material

Listed by Area Specialist St Albans

Modern Standout City-Fringe Apartment in a Prime Location - Modern Living or Strong Returns for the Savvy Investor

Positioned within the iconic Cambridge Court complex, this well-presented one-bedroom apartment offers an exceptional opportunity for investors seeking strong rental returns in one of Melbourne's most vibrant inner-city locations.

Currently leased at approximately $500 per week on a month-to-month basis with no fixed-term lease, this low-maintenance property provides immediate rental income and the potential for an attractive gross rental yield of over 7%, while still offering future flexibility. Ideally positioned near leading universities, major hospitals and the Melbourne CBD, the property is well placed to benefit from continued strong rental demand.

The thoughtfully designed floorplan features a generous bedroom, open-plan living and dining area filled with natural light, and a renovated central bathroom featuring a bathtub with shower above. A standout feature is the modern renovated kitchen, complete with a stylish island, marble benchtop, integrated fridge, dishwasher and electric oven. Floating shelves add a contemporary touch, while ample cupboard and storage space provides plenty of room for pots, pans, plates, glassware, cutlery and everyday kitchen essentials. The kitchen has been thoughtfully upgraded to maximise both functionality and contemporary appeal.

Read the full description

A dedicated laundry area with an installed washing machine is also included, while the living area features a wall-mounted entertainment unit with additional wall-mounted cabinetry, TV and built-in desk, creating a practical and efficient use of space. The apartment also includes an available bed frame and mattress, providing additional value and making the property an appealing, ready-made investment opportunity. A private designated car space within the secure parking area further enhances its appeal in this tightly held city-fringe location.

Comprising approximately 77 apartments, Cambridge Court continues to be a popular choice for students, professionals and investors looking for affordable city-fringe living with outstanding convenience.

Ideally located just moments from the renowned Smith Street shopping and dining precinct, vibrant Victoria Street restaurants, Fitzroy Gardens and public transport at your doorstep. North Richmond Station is within walking distance, while the CBD is only minutes away. The property also enjoys excellent access to Australian Catholic University, RMIT University, the University of Melbourne and several leading hospitals.

Property Features:

-Currently leased at approximately $500 per week

-One spacious bedroom

-Renovated bathroom with bathtub and shower above

-Open-plan living and dining area

-Modern renovated kitchen

-Kitchen island with marble benchtop

-Floating kitchen shelves

-Ample cupboard space for cookware, crockery, glassware and cutlery

-Integrated fridge included

-Dishwasher included

-Electric oven

-Dedicated laundry area with installed washing machine

-Communal laundry facilities for residents

-Wall-mounted entertainment unit and additional wall-mounted cabinetry

-TV included

-Built-in wall-mounted desk

-Bed frame and mattress included

-Private designated car space within secure parking area

-Approx. 50.8m² internal living

-Built circa 1990

-Secure complex of approximately 77 apartments

-Outstanding investment in a premium city-fringe location

Whether you're expanding your investment portfolio, securing an affordable inner-city asset with modern renovated inclusions and immediate rental income, or looking for a property ready to move into, this is an opportunity not to be missed! Contact Myles Johansson – Sales Agent at Area Specialist – for further information or to arrange an inspection.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Myles Johansson, Area Specialist St Albans — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Intercom
  • Secure Parking
  • Study
  • Toilets: 1

Also look at

Also for sale in Collingwood

  • U408, 45 Victoria Pde, Collingwood VIC 3066

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  • U1303D, 21 Robert St, Collingwood VIC 3066

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  • U301, 51 Napoleon St, Collingwood VIC 3066

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  • U2C, 2 Brewery Ln, Collingwood VIC 3066

    1-bed apartment. Asking $495K–$530K.

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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.