SOLD
Sold on 25 Feb 2024 for $338,000

6/42-44 Nicholson Street
Abbotsford VIC 3067

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 789m2
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Property Details for 6/42-44 Nicholson St, Abbotsford

6/42-44 Nicholson St, Abbotsford is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 789m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Abbotsford in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
45m2
Land Size
789m2
Local Government
Yarra
Lot/Plan
6/RP7375

Last Listing description (November 2023)

Expressions of Interest

A boutique low-rise block (1 of only 12) in a brilliant inner-city location is the highly-prized lifestyle setting for this spacious 1 bedroom apartment that offers low Owners Corporation fees (approx. $1,746 per year) and high rental potential with excellent value. Whether living in or renting out, there's something for everyone in this light-filled corner apartment with a north facing living room. Older-style proportions are eagerly sought-after by savvy buyers seeking extra space and, unlike large modern developments, the setting that surrounds this delightful home is small and friendly. Save costs and save time as the location is a beauty being only a short stroll in any direction to get to cafes, the Yarra River, parkland, the Abbotsford Convent arts precinct and Victoria Street's endless range of restaurants, shops, supermarkets, North Richmond train station and trams taking just minutes to reach the city. The apartment's elevation is impressive ensuring that the great-sized bedroom, with built-in robes and ceiling fan, catches a glimpse of the city skyline, while the living/meals room facing north is drenched in natural light. An adjoining kitchen is perfectly functional with a gas stove and good storage, and the updated bathroom with a corner shower also includes a European laundry. Additionally, this outstanding low-maintenance opportunity offers heating, a ceiling fan, polished timber floors, new carpet, plus a covered car parking space on title. A city-edge stand out for owner-occupiers and investors.

Property History for 6/42-44 Nicholson St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$338,000
25 Feb 2024
Listed for Rent
$385/w
26 Feb 2019
  • 25 Feb 2024
    Sold for $338,000
  • 27 Oct 2023
    Listed for Sale $350,000 - $370,000
  • 28 Feb 2022
    Listed for Sale $395,000
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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 7,783 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.
There are currently 42 properties listed for sale, and 35 properties listed for rent in Abbotsford on OnTheHouse. According to CoreLogic's data, 464 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.