OFF MARKET

6A/69 Albert Street
Creswick VIC 3363

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 188m2
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Property Details for 6a/69 Albert St, Creswick

6a/69 Albert St, Creswick is a 3 bedroom, 2 bathroom Unit and was built in 1860. The property has a floor size of 188m2.

Building Type
Unit
Year Built
1860
Floor Size
188m2
Local Government
Hepburn

Last Listing description (August 2016)

This historic property, which was built in around 1862, is a product of the gold rush in Creswick. It pre-dates the town hall, across the road, by several years. The two commodious Victorian shops, with family quarters above, had stables and out houses accessed, as today, from Cambridge Street.
The building, is of triple brick construction on bluestone foundations and is topped by a slate roof and ornate chimneys. Many of the original features remain including; pine lined ceilings, wooden floorboards, fireplaces, four panel doors, original staircase and windows. It has wonderful views of the town hall and the streetscape of Creswick. The two first floor apartments can be occupied separately or the entire first floor can be used as a whole. The space would make an excellent business premises with entrance from the main street through the grand front door at street level. There is extensive car parking at the rear with two licensed car parks and an area of land facing Cambridge St, comprising part of the lot.
The land (63.7sq metres) has services connected in preparation for building. Currently leased as two apartments, the apartments return $21,320 per year in rent. Only one of the apartments are featured in the internal photos above. This type of very versatile, historic property is rarely available in the Hepburn Shire, situated as it is in a region of high tourist demand. It would suit an artisan crafts-person, architect, accommodation service provider or those wanting a prime location to enjoy a relaxed lifestyle with no garden maintenance. The building is located conveniently as an easy walk to; trains, cafes, shops and tourist attractions. Not wanting to prepare breakfast? Croissants and coffee awaits at the base of the stairs!

Property History for 6a/69 Albert St, Creswick, VIC 3363

A timeline of how this property has performed in the market
  • 19 Jul 2016
    Listed for Sale $350,000

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About Creswick 3363

The size of Creswick is approximately 49.6 square kilometres. It has 10 parks covering nearly 17.2% of total area. The population of Creswick in 2011 was 2,941 people. By 2016 the population was 3,171 showing a population growth of 7.8% in the area during that time. The predominant age group in Creswick is 60-69 years. Households in Creswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Creswick work in a trades occupation. In 2011, 74.2% of the homes in Creswick were owner-occupied compared with 72.8% in 2016.

Creswick has 2,290 properties. Over the last 5 years, Houses in Creswick have seen a 34.61% increase in median value, while Units have seen a 8.33% increase. As at 31 October 2024:

  • The median value for Houses in Creswick is $498,142 while the median value for Units is $466,196.
  • Houses have a median rent of $410 while Units have a median rent of $250.
There are currently 59 properties listed for sale, and 4 properties listed for rent in Creswick on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Creswick.

Suburb Insights for Creswick 3363

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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.