SOLD
Sold on 06 Jun 2024 for $880,000

40 Johnston Street
Fitzroy VIC 3065

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 123m2
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Property Details for 40 Johnston St, Fitzroy

Building Type
Commercial
Year Built
2002
Land Size
123m2
Local Government
Yarra
Lot/Plan
1/LP60810

Last Listing description (November 2023)

Don't miss out on your chance to secure this versatile and well-presented shop front, located in one of Melbourne's most popular and accessible retail strips.

Situated on famous Johnston Street, Fitzroy the property comes equipped with fantastic exposure, ample access to public transport, rear access, and complete flexibility to incoming tenants (STCA).

- Area: 100sqm approx.

- Rear entry
- Natural light throughout
- Available immediately
- Excellent surrounding transport and retail amenity

For more information or to arrange an inspection please don't hesitate to contact the listing agent.

Property History for 40 Johnston St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$880,000
06 Jun 2024
Listed for Rent
$35k/w
15 Nov 2023
  • 06 Jun 2024
    Sold for $880,000
  • 06 Jun 2024
    Sold for $880,000
  • 15 Nov 2023
    Listed for Rent - Price not available
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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, 286 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.