72/5 Marion LaneFitzroy VIC 3065
Property Details for 72/5 Marion Lane, Fitzroy
72/5 Marion Lane, Fitzroy is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 7299m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Fitzroy in the last 12 months.
Last Listing description (August 2024)
Seldom does an occasion of such rarity arise, offering a lucrative opportunity to secure a future-proofed investment property. This one-bedroom apartment is leased securely as serviced, self-catering accommodation within the Comfort Apartments Royal Gardens complex, returning approx. $22,100 per annum.
- No vacancy periods.
- 5-year lease, with two 5-year options.
- Functional kitchen with quality appliances and ample cabinetry.
- Spacious bedroom with built-in robes, enjoys a sleek ensuite bathroom.
- Internal laundry facilities, split-system heating/cooling, and car space on title.
Situated within walking distance of Melbourne city centre, the property is set in lush garden surrounds and enjoys an outdoor swimming pool and barbecue area. Footsteps from Carlton Gardens, iconic Brunswick and Gertrude Streets, trams along Nicholson Street, and moments to Melbourne University and St Vincents Hospital.
Property History for 72/5 Marion Lane, Fitzroy, VIC 3065
- 30 Jun 2024Sold for $399,000
- 30 Jun 2024Sold for $400,000
- 07 Feb 2024Listed 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.
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