SOLD
Sold on 24 May 2024 for $435,000

108/112 Pier Street
Altona VIC 3018

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
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Sweeney Altona
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Property Details for 108/112 Pier St, Altona

108/112 Pier St, Altona is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Altona in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
71m2
Local Government
Hobsons Bay
Lot/Plan
8/PS642787

Last Listing description (September 2024)

More substantial than most modern apartments, measuring almost 10 squares including its sunny north-facing balcony, this apartment's appeal as an owner-occupier address is completely matched by its promise as a positive investment property. Either objective is hugely advantaged by exceptional proximity to Altona station, the shops and eateries and, just beyond, the beach and the bay.

- Spacious and inviting open-plan proportions.
- Ceiling fan and reverse cycle heating/cooling.

- Sliding glass to the substantial balcony space with cover.
- Northerly aspect enhances outdoor enjoyment.
- Efficient kitchen, ample integrated cabinetry.
- 2 generous bedrooms, both with built-in robes.
- Stylishly appointed, well maintained bathroom.
-Separate Laundry, and study space, blinds window coverings
. Freshly painted and brand new carpet throughout.
- Allocated secure car parking (not stacker) and storage cage.
- Ideal opening to move in and add further value.
- Instant option to rent out with a high rental yield.

Appreciate Pier Street's attractions as a lifestyle destination or recognize its ability to appeal to tenants and consequently secure the future of this inviting apartment from an investment viewpoint. Both avenues offer certain success.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own financial and legal advice.

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Property History for 108/112 Pier St, Altona, VIC 3018

A timeline of how this property has performed in the market
Last Sold
$435,000
24 May 2024
Listed for Rent
$380/w
16 Dec 2022
  • 04 Sep 2024
    Listed for Sale $440,000 - $460,000
  • 24 May 2024
    Sold for $435,000
  • 20 Nov 2023
    Listed for Sale $440,000 - $460,000
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About Altona 3018

The size of Altona is approximately 16.6 square kilometres. It has 31 parks covering nearly 21.2% of total area. The population of Altona in 2011 was 9,918 people. By 2016 the population was 10,759 showing a population growth of 8.5% in the area during that time. The predominant age group in Altona is 30-39 years. Households in Altona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona work in a professional occupation. In 2011, 67.1% of the homes in Altona were owner-occupied compared with 64.2% in 2016.

Altona has 7,453 properties. Over the last 5 years, Houses in Altona have seen a 18.98% increase in median value, while Units have seen a 12.55% increase. As at 30 September 2024:

  • The median value for Houses in Altona is $1,109,051 while the median value for Units is $654,543.
  • Houses have a median rent of $600 while Units have a median rent of $513.
There are currently 30 properties listed for sale, and 5 properties listed for rent in Altona on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Altona.

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