18/3-25 Hanover St, Fitzroy is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 28m2 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
This charming studio apartment offers an inspiring city-fringe lifestyle, perfectly positioned within walking distance to the CBD. Nestled between the serenity of Carlton Gardens to the west and the vibrant eateries of Brunswick Street to the east, this home is a true urban oasis.
Featuring the comfort and generous proportions of solid-brick construction, the apartment is a peaceful retreat. The large bedroom/lounge area, complemented by a retro bathroom and kitchen, complete with a private, leafy balcony ? the perfect spot to relax and unwind.
Currently rented at $400 per week on a month-to-month basis, which offers a gross return of 5.35%, making it an attractive investment opportunity.
** Please note some images used for display purposes only and should only be used as a guide, inspection recommended
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 8,589 properties. Over the last 5 years, Houses in Fitzroy have seen a 12.76% increase in median value, while Units have seen a -9.72% decrease. As at 31 October 2024:
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