SOLD
Sold on 23 Mar 2024 for $1,128,000

198B Gipps Street
Abbotsford VIC 3067

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
Land area: 95m2
Sold By
Marshall White Boroondara
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Property Details for 198b Gipps St, Abbotsford

198b Gipps St, Abbotsford is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1995. The property has a land size of 95m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Townhouse sold in Abbotsford in the last 12 months.

Building Type
Townhouse
Year Built
1995
Floor Size
100m2
Land Size
95m2
Local Government
Yarra
Lot/Plan
2/PS411284

Last Listing description (March 2024)

Nestled in an ultra-convenient location and just steps to cafes and the Yarra River, this stylish and secure rear north-facing town residence combines quality, flexibility and indoor-outdoor variety in a coveted low-maintenance, city-edge opportunity. A perfectly balanced design allows for three generous sized bedrooms upstairs; main with ensuite & WIR, two bedrooms with BIR serviced by a central family bathroom, reverse cycle split system heating/cooling throughout, and a north-facing sunlit terrace. The ground floor boasts a generous open-plan living/dining area with timber flooring, a spacious light-filled kitchen with Caesar Stone bench tops, stainless steel appliances, ample storage space and pantry, all complimented by the north-facing timber decked alfresco area, providing a perfect space for indoor/outdoor entertaining.

Additional highlights include separate laundry, powder room, under-stairs storage, heating and cooling systems, an alarm system, as well a tandem remote controlled double garage with internal access. This superb low-upkeep home in an incredibly convenient location offers exceptional proximity to Victoria, Johnston, Smith & Gertrude Streets' restaurants and shopping, trams to the city, train station, Abbotsford Convent, Children's Farm and the Main Yarra Trail.

Property History for 198b Gipps St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$1,128,000
23 Mar 2024
Listed for Rent
$850/w
15 Feb 2022
  • 23 Mar 2024
    Sold for $1,128,000
  • 28 Feb 2024
    Listed for Sale $1,000,000 - $1,100,000
  • 17 Jan 2022
    Listed for Rent - Price not available
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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 7,852 properties. Over the last 5 years, Houses in Abbotsford have seen a 14.92% increase in median value, while Units have seen a 2.19% increase. As at 30 September 2024:

  • The median value for Houses in Abbotsford is $1,312,899 while the median value for Units is $534,510.
  • Houses have a median rent of $700 while Units have a median rent of $598.
There are currently 49 properties listed for sale, and 31 properties listed for rent in Abbotsford on OnTheHouse. According to CoreLogic's data, 458 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.