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Sold on 16 Aug 2024 for $840,000

32/16 Nicholson Street
Fitzroy North VIC 3068

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 116m2
Land area: 327m2
Sold By
Nelson Alexander Fitzroy
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Property Details for 32/16 Nicholson St, Fitzroy North

32/16 Nicholson St, Fitzroy North is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 327m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom Unit sold in Fitzroy North in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
116m2
Land Size
327m2
Local Government
Merri-Bek
Lot/Plan
32/PS320201

Last Listing description (August 2024)

Set well back from the street, this townhouse-style apartment combines a spacious design and quality features to deliver an amazing inner-urban lifestyle of family proportions.

Situated in the Nicholson Park complex renowned for its delightful garden surrounds, the home itself comprises four double bedrooms with built-in robes all complemented by two spotless bathrooms (one on each level). Further emphasizing its dream dimensions is the inclusion of a study/retreat and expansive open living/dining area with cathedral ceilings adjoined by a contemporary stone-bench kitchen complete with walk-in pantry, dishwasher and stainless-steel cooking appliances. Other fine features include a balcony (from the living area) with leafy outlook, split-system heating/cooling, new carpets and internal laundry facilities, plus a gated entrance with intercom and secure undercover parking space.

Moments from the tram stop and choice of cafes, it's also close to East Brunswick Village shopping centre and popular schools (zoned to Northcote HS), along with local parks and the Merri Creek Trail.

Owner Corp $2,860 PA.

Property History for 32/16 Nicholson St, Fitzroy North, VIC 3068

A timeline of how this property has performed in the market
Last Sold
$840,000
16 Aug 2024
Listed for Rent
$650/w
20 Jul 2022
  • 16 Aug 2024
    Sold for $840,000
  • 01 Aug 2024
    Listed for Sale Under Offer
  • 28 Jun 2022
    Listed for Rent $650 / week
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About Fitzroy North 3068

The size of Fitzroy North is approximately 2.5 square kilometres. It has 16 parks covering nearly 16.2% of total area. The population of Fitzroy North in 2011 was 11,473 people. By 2016 the population was 12,335 showing a population growth of 7.5% in the area during that time. The predominant age group in Fitzroy North is 30-39 years. Households in Fitzroy North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fitzroy North work in a professional occupation. In 2011, 47.7% of the homes in Fitzroy North were owner-occupied compared with 45.9% in 2016.

Fitzroy North has 7,624 properties. Over the last 5 years, Houses in Fitzroy North have seen a 14.20% increase in median value, while Units have seen a 4.99% increase. As at 30 September 2024:

  • The median value for Houses in Fitzroy North is $1,641,843 while the median value for Units is $740,919.
  • Houses have a median rent of $800 while Units have a median rent of $585.
There are currently 21 properties listed for sale, and 13 properties listed for rent in Fitzroy north on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Fitzroy north.

Suburb Insights for Fitzroy North 3068

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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.