SOLD
Sold on 08 Apr 2024 for $2,915,000

GROUND FLOOR/418-420 Johnston Street
Abbotsford VIC 3067

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 392m2
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Property Details for Ground Floor/418-420 Johnston St, Abbotsford

Building Type
Commercial
Land Size
392m2
Local Government
Yarra
Lot/Plan
CP101491

Last Listing description (October 2023)

Morley is please to offer For Lease GF, 418-420 Johnston Street, Abbotsford.
Excellent main road exposure on one of Melbourne's best inner city arterial thoroughfares.

Affordable rental and favorable lease terms
Prominent signage rights
Suit a variety of uses.
Area: 330 sqm
10m frontage
Rear access, roller door, car parking and commercial loading bay via Lt Turner Street
Available now!

Property History for Ground Floor/418-420 Johnston St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$2,915,000
08 Apr 2024
Listed for Rent
$65k/w
12 Oct 2023
  • 08 Apr 2024
    Sold for $2,915,000
  • 13 Jun 2023
    Listed for Rent $65,000 / year
  • 05 Jul 2018
    Transferred
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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 7,843 properties. Over the last 5 years, Houses in Abbotsford have seen a 23.49% increase in median value, while Units have seen a 5.58% increase. As at 31 August 2024:

  • The median value for Houses in Abbotsford is $1,325,087 while the median value for Units is $550,206.
  • Houses have a median rent of $740 while Units have a median rent of $600.
There are currently 47 properties listed for sale, and 23 properties listed for rent in Abbotsford on OnTheHouse. According to CoreLogic's data, 468 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.