Renovation Potential
AI-estimated uplift
Estimates indicative only
$875,000
Modern CBD Apartment with City Skyline Views
802 Collins Street, Melbourne, VIC, 3000
Investment Profile
Best for Investment
Est. gross yield ~4.8% p.a. (~$808/wk) in coastal location with strong rental demand and low vacancy rates.
Why you'll love this
AI-generated by Claude Β· Based on location and property features
2
Bedrooms
2
Bathrooms
1
Car spaces
98 mΒ²
Floor area
Property description
Property features
Lifestyle Score
Personalise by your lifestyle priorities
Outstanding location with excellent lifestyle access.
Personalise for your lifestyle
Market Insights for Melbourne
Price trends, median values and recent sales
Due Diligence Tools
External tools to help with your property due diligence. Always engage a solicitor before purchasing.
Check NBN connection type at this address
Order a professional pre-purchase inspection
View planning zones and development overlays
Obtain a current certificate of title
Check natural hazard overlay for this area
AI Renovation Vision
World FirstDiscover what this property could be worth after targeted renovations
Airbnb Income Estimator
Near Beach Β· Airbnb Potential
Airbnb Score
Airbnb Potential
Estimated Nightly Rates
π₯ Peak Season
DecβJan, school hols
$180β$260
per night
β¬οΈ High Season
Easter, long weekends
$140β$200
per night
π Standard
Regular nights
$100β$150
per night
π Low Season
Off-peak weeks
$80β$120
per night
Annual Income Projections
Conservative
55% occ.$18K/yr
Moderate
70% occ.$0/yr
Strong
85% occ.$28K/yr
Mortgage vs Airbnb
Monthly mortgage (6.2%, 30yr)
$4K/mo
Monthly Airbnb income (moderate)
$2K/mo
Airbnb income covers a significant portion of the mortgage, with a $2K/mo gap at 70% occupancy.
Estimates based on suburb averages and property features. Actual income varies. Always conduct independent research before investing.
Strategy Comparison
Airbnb vs Long-Term Rent vs Owner-Occupy
| π Airbnb | π Long-Term RentRecommended | π‘ Owner-Occupy | |
|---|---|---|---|
| Monthly income | +$2K | +$3K | $0 |
| Monthly costs | +$830 | +$820 | +$4K |
| Net monthly | +$2K | +$2K | -$4K |
| Annual net | +$23K | +$30K | -$53K |
| 10yr wealth | +$778K | +$846K | +$25K |
10yr wealth includes estimated 5% p.a. capital growth + cumulative net cashflow. Airbnb at 70% occupancy. All figures are estimates only.
Generate My Airbnb Listing
AI-written title, description & pricing strategy
Location
Melbourne
Interactive map β add Google Maps API key to enable
Melbourne VIC 3000 β exact address shown on inspection
Renovation Potential
AI-estimated uplift
Estimates indicative only
Investment Snapshot
AI-powered analysis
$875,000
Apartment
Listed by
James Nguyen
LJ Hooker Melbourne
Lic. VIC-2024-042
Contact the agent
Property summary
β¨ New Feature
Your Lifestyle Match
Take our 2-min quiz to find properties that perfectly match your lifestyle.
Take the quiz β