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If you’ve been wondering how much a Melbourne apartment costs, you’re not alone — it’s one of the most common questions among Vietnamese investors looking to own property in Australia. The Melbourne CBD market — particularly the Collins Street precinct — is drawing strong capital inflows from Asian investors, thanks to its prime location, world-class infrastructure, and stable rental demand.
What Factors Affect Melbourne Apartment Prices?
Before looking at the price table, it’s important to understand the key factors that influence apartment prices in Melbourne:
- Location: Apartments within the CBD (Central Business District) are consistently 20–40% higher than suburban areas.
- Floor level and view: High-floor units with views of the Yarra River or city skyline typically command a 10–20% premium over comparable units.
- Actual size: Studio ~41m², 1BR ~56m², 2BR ~89m², 3BR ~135m².
- Heritage vs. brand-new: Projects that incorporate historic architecture gain long-term value through scarcity and cultural significance.
- Onsite amenities: 5-star facilities (pool, spa, co-working, gym) carry a price premium over standard developments.
Melbourne CBD Apartment – By Apartment Type
1. Studio Apartment Melbourne – From $605,000 AUD
| Detail | Specs |
|---|---|
| Size | ~41 m² |
| Bedrooms | 1 (studio layout) |
| Bathrooms | 1 |
| Price range | $605,000 – $632,500 AUD |
| Equivalent (VND) | ~11.3 – 11.8 billion VND |
Studios are the most in-demand apartment type among international students and young professionals. On Collins Street, a city-facing studio can achieve short-term rental yields of up to $400/night, or around $700–800/week on a long-term lease — strong returns relative to the entry price.
2. One Bedroom Apartment Melbourne – From $815,000 AUD
| Detail | Specs |
|---|---|
| Size | ~56 m² |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Price range | $815,000 – $820,000 AUD |
| Equivalent (VND) | ~15.2 – 15.3 billion VND |
One-bedroom apartments in Melbourne CBD are the most popular choice among investment buyers. Ideal for parents purchasing accommodation for children studying abroad, or investors seeking stable rental income of approximately $1,000/week.
3. Two Bedroom Apartment Melbourne (Corner Unit) – From $1,620,000 AUD
| Detail | Specs |
|---|---|
| Size | ~89 m² |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Price range | $1,620,000 – $1,740,000 AUD |
| Equivalent (VND) | ~30.2 – 32.5 billion VND |
Corner two-bedroom apartments in the CBD offer the strongest mid-term capital growth, driven by limited supply and rising demand from international professional families. Market rental reference: $1,020/week for an 89m² apartment in Melbourne (source: realestate.com.au).
4. Three Bedroom Apartment Melbourne (Penthouse / High-Floor Corner) – From $2,900,000 AUD
| Detail | Specs |
|---|---|
| Size | ~135 m² |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Car space | 1 |
| Price range | $2,900,000 – $3,100,000 AUD |
| Equivalent (VND) | ~54.2 – 57.9 billion VND |
This segment is designed for premium property investors or families planning to settle in Melbourne. A high-floor 3-bedroom on Collins Street — known as Melbourne’s “millionaire’s mile” — offers panoramic views and 5-star amenities rarely found in any other development.
Comparison: Melbourne CBD vs. Suburbs
| Criteria | CBD (Collins Street) | Suburbs (10–15km out) |
|---|---|---|
| Studio price | $605,000+ | $350,000 – $450,000 |
| 2BR price | $1,620,000+ | $700,000 – $900,000 |
| Rental yield | 20–30% higher | Lower |
| Capital growth potential | Very high (limited supply) | Moderate |
| Short-term rental (Airbnb) | Highly suitable | Restricted |
| Proximity to universities | 5–15 min walk | Requires transport |
Who Should Buy a Melbourne CBD Apartment?
A CBD apartment in Melbourne is ideal for:
- Parents with children studying in Australia: Instead of paying rent every month, buying an apartment lets your child live there while building an asset to sell or keep after graduation.
- Investors seeking stable cash flow: Demand from international students and professionals remains consistently high in Melbourne CBD.
- Those planning to migrate or apply for an investor visa: Owning property in Australia is a meaningful step in many migration pathways.
Simple Steps to Buy a Melbourne Apartment
- Reserve your unit with $5,000 AUD — secure your preferred apartment.
- Sign contract and pay 10% — complete legal formalities.
- Pay the remaining 90% in 2029 — aligned with the project’s expected completion.
- Receive keys and freehold title.
- Live in it, rent it out, or sell — fully flexible.
Exchange rate reference: 1 AUD = 18,700 VND
Summary
With prices starting from $605,000 AUD (~11.3 billion VND), apartments in Melbourne CBD — especially at the prestigious address of 623 Collins Street — represent a rare opportunity to own property on Melbourne’s most iconic street.
Early-stage allocations are limited. To receive detailed pricing, payment options, and investment consultation, contact:
Infiniti Property Corporation
- 📞 WhatsApp: +61 451 126 888
- 📱 Zalo: +84 889 059 918
- 📧 info@infiniti8.com.au
- 🌐 infiniti8.com.au
