SOLD
Sold on 24 May 2024 for $555,000

5/55 Reid Street
Fitzroy North VIC 3068

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
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Property Details for 5/55 Reid St, Fitzroy North

5/55 Reid St, Fitzroy North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Fitzroy North in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
56m2
Local Government
Yarra
Lot/Plan
5/PS622735

Last Listing description (June 2024)

Step into a beautifully crafted two-level apartment that offers an exceptional living experience in the heart of Fitzroy North. This one-bedroom gem is designed with sophistication in mind, featuring tiled flooring in the living and kitchen areas which are equipped with high-end Miele appliances, gas cooking, and an elegant island bench with four burners, perfect for the culinary enthusiast.

The apartment's layout includes a light well that enhances the natural lighting, alongside a private courtyard and balcony that provide serene outdoor retreats. The bedroom is a peaceful sanctuary with plush carpeting, built-in robes, and an ensuite, ensuring a private and luxurious living space.

Residents will enjoy modern conveniences such as ducted heating and cooling for year-round comfort, a European laundry to maximise space, and an intercom system for added security.

Strategically located, this property is just moments away from local educational institutions including Fitzroy North Primary, Princes Hill Primary, and Carlton North Primary schools. The proximity to Edinburgh Gardens offers a lush escape from city life, while nearby Brunswick Street promises vibrant shopping and dining options. Additionally, Tram Route Number 11 provides easy access to the wider city, and the Fitzroy Swimming Pool is perfect for leisure and fitness enthusiasts.

Property History for 5/55 Reid St, Fitzroy North, VIC 3068

A timeline of how this property has performed in the market
Last Sold
$555,000
24 May 2024
  • 24 May 2024
    Sold for $555,000
  • 18 Apr 2024
    Listed for Sale $530,000- $550,000
  • 12 Dec 2019
    Sold for $1
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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 7,656 properties. Over the last 5 years, Houses in Fitzroy North have seen a 20.12% increase in median value, while Units have seen a 12.55% increase. As at 31 August 2024:

  • The median value for Houses in Fitzroy North is $1,684,144 while the median value for Units is $756,973.
  • Houses have a median rent of $800 while Units have a median rent of $580.
There are currently 23 properties listed for sale, and 12 properties listed for rent in Fitzroy north on OnTheHouse. According to CoreLogic's data, 271 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.