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Sold on 16 Aug 2024 for $530,000

229/40 Stanley Street
Collingwood VIC 3066

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 229/40 Stanley St, Collingwood

229/40 Stanley St, Collingwood is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Collingwood in the last 12 months.

Building Type
Apartment
Local Government
Yarra
Lot/Plan
229/PS622762

Last Listing description (August 2024)

Linking lifestyle with location in the vibrant heart of Collingwood, this spacious apartment is bound to capture the attention of lifestyle savvy couples and investors only meters from bustling Smith Street.

Detailed with floor-to-ceiling windows, the open plan living, dining and kitchen conveys an instant sense of comfort with the kitchen itself stylishly appointed with an oven, stovetop and dishwasher. Transitioning from inside to out, sliding doors offer the perfect connection out onto the balcony where you can relax with your morning coffee or wind down at the end of the day with a book. The two bedrooms are each of generous size and include built-in-robes, conveniently served by a sleek bathroom with toilet and Euro laundry that’s hidden beside the kitchen. Ensuring you can remain comfortable throughout the year; the apartment comes complete with panel heating and a split system air conditioner.

Positioned to provide a cosmopolitan lifestyle, near Collingwood Station, Smith St, Johnston St, Gertrude St, Melbourne Museum, Royal Exhibition Building, Carlton Gardens, hospitals and Melbourne Uni.

Photo ID required at all open for inspections.

Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 229/40 Stanley St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
Last Sold
$530,000
16 Aug 2024
Listed for Rent
$550/w
18 Jan 2023
  • 16 Aug 2024
    Sold for $530,000
  • 21 May 2024
    Listed for Sale Under Contract
  • 18 Jan 2023
    Listed for Rent $550 / week
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About Collingwood 3066

The size of Collingwood is approximately 1.3 square kilometres. It has 5 parks covering nearly 2.2% of total area. The population of Collingwood in 2011 was 6,467 people. By 2016 the population was 8,508 showing a population growth of 31.6% in the area during that time. The predominant age group in Collingwood is 20-29 years. Households in Collingwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Collingwood work in a professional occupation. In 2011, 32.9% of the homes in Collingwood were owner-occupied compared with 30.4% in 2016.

Collingwood has 8,461 properties. Over the last 5 years, Houses in Collingwood have seen a 17.66% increase in median value, while Units have seen a -0.08% decrease. As at 31 October 2024:

  • The median value for Houses in Collingwood is $1,203,550 while the median value for Units is $658,818.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 41 properties listed for sale, and 19 properties listed for rent in Collingwood on OnTheHouse. According to CoreLogic's data, 352 properties were sold in the past 12 months in Collingwood.

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