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Sold on 16 Sep 2024 for $520,000

708/1 Acacia Place
Abbotsford VIC 3067

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 708/1 Acacia Pl, Abbotsford

708/1 Acacia Pl, Abbotsford is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Abbotsford in the last 12 months.

Building Type
Apartment
Local Government
Yarra
Lot/Plan
708A/PS641350

Last Listing description (September 2024)

This resort-style and space-efficient 2 bedroom apartment on the edge of the city outskirts is located just 5kms from the CBD, footsteps from IKEA, Victoria Gardens Shopping Centre, and award-winning restaurants on renowned Victoria Road and Bridge Road. This superb quality lifestyle allows you to exercise on the main Yarra Trail and should you wish to restrict car use there is a Tram stop a doorstep away.

Double-glazed large windows, keep sunlight flowing illuminating all rooms with natural light during the day. The apartment consists of an open-plan living and dining, framed by a stone-topped kitchen, glossy splashback, inbuilt dishwasher, high-end 4 burner stove, and oven. Step outside to an oversized full-width/side balcony area for everyday living, dining, and entertaining under partial shelter and shade with beautiful uninterrupted views. Free-flowing, bedrooms feature mirrored built-in robes, serviced by a large bathroom, complete with hallway laundry, carpark and a storage cage.

Offering low maintenance luxury and high rental returns for investors, special features include intercom entry, 24-hour concierge, and private access to resort-style facilities including a heated indoor pool and fully fitted gym, rooftop gardens, vegetable garden, spas and sauna.

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Property History for 708/1 Acacia Pl, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$520,000
16 Sep 2024
Listed for Rent
$540/w
07 Jan 2019
  • 16 Sep 2024
    Sold for $520,000
  • 24 Jul 2024
    Listed for Sale $520,000
  • 01 Nov 2018
    Listed for Rent $540 / week
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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 7,782 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, 463 properties were sold in the past 12 months in Abbotsford.

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