SOLD
Sold on 13 Apr 2024 for $660,000

12/98 Nicholson Street
Fitzroy VIC 3065

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 74m2
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Property Details for 12/98 Nicholson St, Fitzroy

12/98 Nicholson St, Fitzroy is a 1 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 74m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Fitzroy in the last 12 months.

Building Type
Unit
Year Built
1940
Floor Size
40m2
Land Size
74m2
Local Government
Yarra
Lot/Plan
12/PS448738

Last Listing description (April 2024)

Designed by architect Acheson Best Overend in c1935, the 'Cairo Flats' are an iconic Melbourne heritage block of 28 apartments, in a secure landscaped garden setting opposite the Royal Exhibition Building and Carlton Gardens. On the ground floor at the rear of the building, this light filled one bedroom apartment with lofty ceilings features a large entry and study area, plenty of storage, bathroom/laundry with shower over bath, separate kitchen and a sizeable living and dining room with an eastern aspect overlooking a large deck and courtyard. On the edge of the CBD, it offers a quiet retreat in a vibrant locale and is walking distance to Gertrude Street, the university & hospital precinct, public transport and the CBD.

Property History for 12/98 Nicholson St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$660,000
13 Apr 2024
Listed for Rent
$480/w
24 Aug 2016
  • 13 Apr 2024
    Sold for $660,000
  • 13 Apr 2024
    Sold
  • 07 Feb 2024
    Listed for Sale Under Offer
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About Fitzroy 3065

The size of Fitzroy is approximately 1.4 square kilometres. It has 8 parks covering nearly 2.7% of total area. The population of Fitzroy in 2011 was 9,431 people. By 2016 the population was 10,439 showing a population growth of 10.7% in the area during that time. The predominant age group in Fitzroy is 20-29 years. Households in Fitzroy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation. In 2011, 36.5% of the homes in Fitzroy were owner-occupied compared with 34.5% in 2016.

Fitzroy has 8,645 properties. Over the last 5 years, Houses in Fitzroy have seen a 44.39% increase in median value, while Units have seen a -2.99% decrease. As at 31 July 2024:

  • The median value for Houses in Fitzroy is $1,789,785 while the median value for Units is $725,362.
  • Houses have a median rent of $855 while Units have a median rent of $645.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Fitzroy on OnTheHouse. According to CoreLogic's data, 287 properties were sold in the past 12 months in Fitzroy.

Suburb Insights for Fitzroy 3065

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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.