SOLD
Sold on 31 May 2024 for $590,000

502/41 Peel Street
Collingwood VIC 3066

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 61m2
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Property Details for 502/41 Peel St, Collingwood

502/41 Peel St, Collingwood is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 61m2. 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 Collingwood in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
61m2
Local Government
Yarra
Lot/Plan
502/PS721497

Last Listing description (June 2024)

Superbly designed, this light-filled apartment offers secure and spacious contemporary style, with lift entry, covered parking and storage cage. This immaculate residence comprises an open-plan living/dining area and well-equipped kitchen (premium cabinetry and appliances) flowing to a full-width entertaining terrace with CBD views, two double bedrooms (BIRs, main with terrace access), sleek bathroom with walk-in shower and euro laundry. Features of this impressive property include oak floors and quality carpets, split-system air conditioning, remote blinds and video intercom. Backing onto Cambridge Street Reserve and a short stroll to Smith Street shops, cafes, bars and restaurants.

Property History for 502/41 Peel St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
Last Sold
$590,000
31 May 2024
Listed for Rent
$560/w
12 Oct 2021
  • 31 May 2024
    Sold for $590,000
  • 10 Apr 2024
    Listed for Sale Under Offer
  • 04 Oct 2021
    Listed for Rent $560 / 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 20 properties listed for rent in Collingwood on OnTheHouse. According to CoreLogic's data, 350 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.