SOLD
Sold on 07 Dec 2023 for $580,000

501/41 Peel Street
Collingwood VIC 3066

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 62m2
Land area: 255m2
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Property Details for 501/41 Peel St, Collingwood

501/41 Peel St, Collingwood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 255m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Collingwood in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
62m2
Land Size
255m2
Local Government
Yarra
Lot/Plan
501/PS721497

Last Listing description (June 2022)

This two bedroom apartment is sure to impress even the fussiest of tenants! The ultra modern fourth floor apartment comprises two double bedrooms with built in robes (master with ensuite), fully equipped kitchen including dishwasher, adjoining light filled living room opening to large balcony overlooking the Dandenongs, central bathroom and euro laundry. Further features include reverse cycle split / systems, security entrance, lift access, storage cage and off street parking for one car (stacker height & weight restrictions). Located in the heart of Collingwood with Smith Street a short stroll away allowing for public transport, shops cafes. INSPECTION A MUST! PROPERTY IS LEASED UNFURNISHED!

Property History for 501/41 Peel St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
Last Sold
$580,000
07 Dec 2023
Listed for Rent
$590/w
01 Jun 2022
  • 07 Dec 2023
    Sold for $580,000
  • 17 May 2022
    Listed for Rent $590 / week
  • 10 Mar 2020
    Listed for Rent $595 / 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 8,566 properties. Over the last 5 years, Houses in Collingwood have seen a 33.36% increase in median value, while Units have seen a 9.75% increase. As at 31 August 2024:

  • The median value for Houses in Collingwood is $1,213,142 while the median value for Units is $685,230.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 46 properties listed for sale, and 19 properties listed for rent in Collingwood on OnTheHouse. According to CoreLogic's data, 364 properties were sold in the past 12 months in Collingwood.

Suburb Insights for Collingwood 3066

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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.