OFF MARKET

505/1 Acacia Place
Abbotsford VIC 3067

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
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Property Details for 505/1 Acacia Pl, Abbotsford

505/1 Acacia Pl, Abbotsford is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2013
Floor Size
77m2
Local Government
Yarra
Lot/Plan
505A/PS641350

Last Listing description (September 2023)

Experience modern living at its finest in the Premium Eden Residence. Designed by Rothe Lowman architects, this contemporary apartment flawlessly combines the lush Yarra surroundings with Melbourne's trendiest urban locale. Enjoy the convenience and allure of city-fringe living, with easy access to the CBD and resort style amenities at Acacia Place. Embrace the perfect lifestyle in this unparalleled residence, where luxury and nature blend seamlessly.

Perfect for Owner Occupiers and Investors!

- Spacious open-plan living and dining area leads out to the entertainer's balcony drenched in morning sun with captivating views of the pool and lush treetops.

- Recently updated (new carpet, new cupboard doors, feng shui wardrobe doors, freshly painted throughout), fully appointed gourmet kitchen with Miele appliances, includes gas cooktop and integrated dishwasher, plus sleek stone benchtops.
- Two spacious and bright bedrooms, both with large windows and built-in robes; master features a stylish ensuite, whilst the 2nd bedroom enjoys balcony access.
- Dedicated study zone off the living area perfectly suited to working from home.
- Sophisticated bathroom with floating vanity, ample storage, and Euro laundry.
- Additional highlights include secure car parking & visitor parking, storage cage, intercom entry, 24-hour concierge service, heating & cooling, and timber flooring.
- Eden amenities are meticulously maintained and include rooftop deck with BBQ area, spa facilities, meeting/function room, and cinema areas with scenic river and city views.
- Health & Wellness Retreat, including 25-metre heated lap pool, spa, sauna and two gyms.
- Close-knit and friendly residence community, perfect environment for relaxed and nurturing living.
- Provides an excellent rental yield as an investment property of approx. 5%.
- Within close proximity of excellent Bridge Road shopping, The Royston Hotel and restaurant, and The Goat Bar, brewers of the highly regarded Mountain Goat beer.
- City tram on your doorstep, approximately 4kms to Melbourne CBD.
- Walk to Victoria Gardens Shopping Centre (approx. 150m) & direct access to Yarra walking/cycling trail (via the lifts to the lower-ground level).

Property History for 505/1 Acacia Pl, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$655,000
18 Aug 2023
Listed for Rent
$600/w
30 Nov 2017
  • 18 Aug 2023
    Sold for $655,000
  • 24 May 2023
    Listed for Sale Under Offer
  • 10 Jul 2018
    Sold for $633,000
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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 7,846 properties. Over the last 5 years, Houses in Abbotsford have seen a 30.09% increase in median value, while Units have seen a 3.78% increase. As at 31 July 2024:

  • The median value for Houses in Abbotsford is $1,350,785 while the median value for Units is $540,534.
  • Houses have a median rent of $730 while Units have a median rent of $600.
There are currently 43 properties listed for sale, and 29 properties listed for rent in Abbotsford on OnTheHouse. According to CoreLogic's data, 469 properties were sold in the past 12 months in Abbotsford.

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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.