233 Johnston StreetAbbotsford VIC 3067
Property Details for 233 Johnston St, Abbotsford
Last Listing description (March 2024)
Comprising a retail shop front with commercial kitchen plus 2 bedrooms (2nd bed via light filled loft) and rear garden/entertaining area.
> Strong investment prospects with minimal vacancy and high tenancy demand in the immediate area.
> Surrounded by a number of established businesses including Rita's Pizza, Bodriggy Brewing, Dr Morse as well as national retailers Woolworths Metro and IGA Local.
> Only 2km* from Melbourne CBD and well serviced by public transport with Victoria Park Station, Hoddle Street Bus Route and walking distance to popular Victoria Park Football Ground.
> Abbotsford boasts a median house price of $1,320,000 and 18.4% quarterly change as one of Melbourne's top growth Suburbs^
> Flexible Commercial 1 Zoning
Property History for 233 Johnston St, Abbotsford, VIC 3067
- 20 Feb 2024Sold for $1,250,000
- 01 Nov 2023Listed for Sale Private Sale $1,250,000
- 15 Dec 2016Sold for $1,200,000
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0About 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 7,783 properties. Over the last 5 years, Houses in Abbotsford have seen a 3.02% increase in median value, while Units have seen a -1.85% decrease. As at 31 October 2024:
- The median value for Houses in Abbotsford is $1,244,710 while the median value for Units is $544,602.
- Houses have a median rent of $700 while Units have a median rent of $590.
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