SOLD
Sold on 13 Dec 2023 for $970,000

116 Park Street
Abbotsford VIC 3067

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 132m2
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Property Details for 116 Park St, Abbotsford

116 Park St, Abbotsford is a 2 bedroom, 1 bathroom House. The property has a land size of 132m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Abbotsford in the last 12 months.

Building Type
House
Floor Size
100m2
Land Size
132m2
Local Government
Yarra
Lot/Plan
1/TP954491

Last Listing description (November 2023)

Take a central front row position directly opposite the park and transform this freestanding timber Victorian on a generous city-edge block into the beauty it so deserves to be. Immediately overlooking Gahan Reserve, this weary old weatherboard home with ROW access and an attractive block-fronted faade will most certainly spark the imagination, so get creative and make it the best park-view property on the street. The sizable rear garden's a jungle and the interior is long past its due date, though while currently unliveable, what it is absolutely loveable is the rare potential right on the park in a dynamic lifestyle location. Call an architect, call a builder and call the shots as this outstanding opportunity awaits big ideas to maximize the site and craft a brilliant state-of-the-art residence (STCA) with an expansive outlook over peaceful parkland. This freestanding period cottage with its enticing street presence in the heart of Abbotsford welcomes a stunning architectural resurgence on a prime parcel of land only a few kilometres to the CBD and just a short walk to the LoJo caf and entertainment strip, Victoria Street shopping and restaurants, the Convent Arts precinct, backstreet gastropubs, Yarra River trails, schools, trams and train station.

Property History for 116 Park St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$970,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $970,000
  • 22 Nov 2023
    Listed for Sale $900,000 - $990,000

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About Abbotsford 3067

The size of Abbotsford is approximately 1.8 square kilometres. It has 10 parks covering nearly 14% of total area. The population of Abbotsford in 2011 was 4,907 people. By 2016 the population was 8,193 showing a population growth of 67.0% in the area during that time. The predominant age group in Abbotsford is 20-29 years. Households in Abbotsford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Abbotsford work in a professional occupation. In 2011, 56.2% of the homes in Abbotsford were owner-occupied compared with 38.8% in 2016.

Abbotsford has 7,850 properties. Over the last 5 years, Houses in Abbotsford have seen a 23.49% increase in median value, while Units have seen a 5.58% increase. As at 31 August 2024:

  • The median value for Houses in Abbotsford is $1,325,087 while the median value for Units is $550,206.
  • Houses have a median rent of $740 while Units have a median rent of $600.
There are currently 51 properties listed for sale, and 30 properties listed for rent in Abbotsford on OnTheHouse. According to CoreLogic's data, 466 properties were sold in the past 12 months in Abbotsford.

Suburb Insights for Abbotsford 3067

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.