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Sold on 02 Oct 2024 for $610,000

217/56 Nicholson Street
Abbotsford VIC 3067

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 217/56 Nicholson St, Abbotsford

217/56 Nicholson St, Abbotsford is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Abbotsford in the last 12 months.

Building Type
Apartment
Local Government
Yarra
Lot/Plan
217/PS602491

Last Listing description (October 2024)

Perched on top of the iconic ‘Denton Mills’ conversion, this rare loft-style apartment weaves together the rich tapestry of its industrial heritage with modern warehouse living. From hat-making to a home that pays homage to its historic 1870s origins, this authentic warehouse apartment that’s quietly tucked away behind the building’s magnificent red brick façade offers exceptional living filled with light that captures city skyline views. A unique opportunity that also features its own private alfresco courtyard plus a secure undercover car parking space, come and experience a stylish indoor-outdoor setting spanning 2 inviting levels and love the location with the best of Abbotsford brilliantly situated at the doorstep. Resonating with character, charm and style, polished timber floors extend through a bright hallway leading to an impressive open-plan living/dining area enhanced by expansive arched windows picking up views to the plane trees and the city beyond. An adjoining kitchen with quality appliances features a waterfall stone breakfast bench and a bespoke inset bar while continuing at this level is a well-appointed modern bathroom and a European laundry. A huge mezzanine level bedroom that with exposed original brickwork, mirrored built-in robes and a high gable ceiling with electric Velux windows offers a light and airy, private retreat. Also includes split-system heating/cooling and additional roof storage. Privately situated within the sought-after ‘Denton Mills’ development, this outstanding top-floor apartment is desirably located in a vibrant community just moments from an eclectic mix of cafes including ‘Three Bags Full’, tranquil Yarra River parklands, the Convent Arts precinct and Victoria Street’s dynamic shopping and dining scene, along with easy access to trams and train station.

Property History for 217/56 Nicholson St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$610,000
02 Oct 2024
Listed for Rent
$470/w
14 Dec 2021
  • 02 Oct 2024
    Sold for $610,000
  • 24 Sep 2024
    Listed for Sale $550,000 - $590,000
  • 07 Dec 2021
    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 7,798 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 47 properties listed for sale, and 24 properties listed for rent in Abbotsford on OnTheHouse. According to CoreLogic's data, 443 properties were sold in the past 12 months in Abbotsford.

Suburb Insights for Abbotsford 3067

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Lee Muddle
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Angus Greene
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Jellis Craig Fitzroy
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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.