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.
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.
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 7,875 properties. Over the last 5 years, Houses in Abbotsford have seen a -0.93% decrease in median value, while Units have seen a -3.60% decrease. As at 31 January 2025:
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