OFF MARKET

5/115 Gillies Street
Fairfield VIC 3078

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 791m2
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Property Details for 5/115 Gillies St, Fairfield

5/115 Gillies St, Fairfield is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 791m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
1970
Floor Size
74m2
Land Size
791m2
Local Government
Darebin
Lot/Plan
5/PS532107

Last Listing description (September 2014)

A Stunning Blue-Chip Investment or First Residence in the Heart of Fabulous Fairfield!
PLEASE NOTE: This property was sold in two weeks! For similar styled one or two bedroom properties for private sale in the Fairfield/Northcote?Thornbury areas please contact Peter direct on mobile 0432 081 899
Perfectly positioned in arguably one of Fairfield's best tree-lined streets & only moments from the highly coveted but rarely attainable unique inner city village shopping & relaxed cafe lifestyle precinct with this spacious, inviting & recently fully-updated modern light-filled 2 Bedroom with Single LU Garage first level apartment you won't need to spend one cent more on improvements. Set back within a quality-built & attractive low-maintenance classic recently rendered Boutique Block of only 7 this residence represents a rare outstanding opportunity with lots of upside for the savvy investor or first-home buyer or even downsizer.

Factor in the Low Body Corporate fees ( that include hot water usage- tenants pay for cold water usage), the recently installed $12,000 new Boilers, close proximity to great amenity including the expansive nearby parklands/bike/walking trails,the iconic Fairfield Boathouse & schools, easy freeway access, the on trend Boutique Shopping/Caf? High St. Northcote hot-spot and the highly coveted less than 500 metres to train or bus scenario to take you to the CBD which is only about 6 kms away then this is about as good as it gets in terms of lifestyle/capital growth and greater rental yield appeal over the longer term.
Features: Secure Intercom Entry; Separate well-appointed sun-bathed Kitchen/Meals with s/s appliances, gas stovetop, underbench oven,double-bowl sink, quality benches/cabinetry; An inviting Adjacent formal Dining/Living Domain flowing onto preferred North-facing bathed in sunshine terrace; Spacious Central fully-tiled Bathroom with Laundry Facility and separate bath/shower recess areas; Two Bright Double-Sized Windowed & Carpeted (both with wall to wall mirrored BIR's) Bedrooms; Separate WC; Near New Polished Floating Timber Floors; S/S System Heating/Cooling ( less than 2 years old); Ample Double-Door Linen Hallway Storage; modern finishes throughout eg light fittings,elegant drapes, blinds; plus a BONUS LU Single Garage on Title - a rarity for the area
Please contact Peter direct on mobile: 0432 081 899 for further details

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Property History for 5/115 Gillies St, Fairfield, VIC 3078

A timeline of how this property has performed in the market
Last Sold
$464,500
08 Jul 2014
Listed for Rent
$370/w
16 Jan 2014
  • 08 Jul 2014
    Sold for $464,500
  • 23 May 2014
    Listed for Sale Not Disclosed
  • 14 Dec 2013
    Listed for Rent - Price not available
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About Fairfield 3078

The size of Fairfield is approximately 3.5 square kilometres. It has 22 parks covering nearly 43.5% of total area. The population of Fairfield in 2011 was 5,946 people. By 2016 the population was 6,556 showing a population growth of 10.3% in the area during that time. The predominant age group in Fairfield is 30-39 years. Households in Fairfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairfield work in a professional occupation. In 2011, 58.8% of the homes in Fairfield were owner-occupied compared with 54.4% in 2016.

Fairfield has 4,251 properties. Over the last 5 years, Houses in Fairfield have seen a 18.63% increase in median value, while Units have seen a 18.59% increase. As at 31 October 2024:

  • The median value for Houses in Fairfield is $1,758,447 while the median value for Units is $696,480.
  • Houses have a median rent of $750 while Units have a median rent of $445.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Fairfield on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Fairfield.

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