SOLD
Sold on 04 Mar 2024 for $485,000

8/1 Derby Street
Kew VIC 3101

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 8/1 Derby St, Kew

8/1 Derby St, Kew is a 1 bedroom, 1 bathroom Unit and was built in 2008. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Kew in the last 12 months.

Building Type
Unit
Year Built
2008
Local Government
Boroondara
Lot/Plan
G08/PS538423

Last Listing description (April 2024)

THE PROPERTY
Perfectly positioned with trams on your doorstep and the vibrancy of Kew Junction mere minutes away, this contemporary one-bedroom apartment offers a carefree lifestyle of convenience. Light-filled and spacious, the open plan living zone upon entry is immediately inviting, with wall-to-wall bifold doors opening up to the serene private terrace framed by gardens, effortlessly extending the space and bringing the outdoors in.

Gourmets will appreciate the well-appointed and stylish kitchen flaunting stone benchtops, breakfast bar and four-burner gas cooktop, with an adjoined dining domain making mealtimes a breeze. Generous in size, the plush bedroom flaunts built-in robe storage and enjoys lush garden views, while the sparkling ensuite is complete with shower, vanity, toilet and laundry facilities for convenience. Further highlights include a wall heater in the bedroom and living, plus a split system air conditioner in the living area for comfort, all ideally located in an immaculate, modern complex with a secure carpark and security entrance for peace of mind.

THE FEATURES
- Easy-care one-bedroom, one-bathroom ground level apartment
- Positioned in a modern complex with trams & Kew Junction nearby
- Light-filled and spacious open plan living and dining domain
- Contemporary kitchen features stone surfaces & breakfast bar
- Generously designed bedroom is complete with built-in robe storage
- Ensuite bathroom includes shower, vanity, toilet & laundry facilities
- Wall-to-wall bifold doors open up to serene terrace & garden
- Single secure car space with lift & security entrance
- Wall heater in bedroom & living, split system cooling in living

THE LOCATION
Increasing the appeal of this enticing retreat is an exceptional location, with shopping, cafes and plentiful dining options along High Street and Kew Junction just a short stroll away, parkland including Alexandra Gardens and Studley Park nearby, plus trams right outside your door for an easy commute.

THE TERMS: 30|45|60 Days

Property History for 8/1 Derby St, Kew, VIC 3101

A timeline of how this property has performed in the market
Last Sold
$485,000
04 Mar 2024
Listed for Rent
$360/w
05 May 2012
  • 04 Mar 2024
    Sold for $485,000
  • 14 Feb 2024
    Listed for Sale $450,000 - $495,000
  • 28 Feb 2015
    Sold for $426,000
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About Kew 3101

The size of Kew is approximately 10.5 square kilometres. It has 37 parks covering nearly 18% of total area. The population of Kew in 2011 was 23,876 people. By 2016 the population was 24,613 showing a population growth of 3.1% in the area during that time. The predominant age group in Kew is 20-29 years. Households in Kew are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kew work in a professional occupation. In 2011, 68.6% of the homes in Kew were owner-occupied compared with 66.1% in 2016.

Kew has 13,870 properties. Over the last 5 years, Houses in Kew have seen a 17.14% increase in median value, while Units have seen a 13.87% increase. As at 31 August 2024:

  • The median value for Houses in Kew is $2,719,247 while the median value for Units is $845,384.
  • Houses have a median rent of $1,000 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 19 properties listed for rent in Kew on OnTheHouse. According to CoreLogic's data, 615 properties were sold in the past 12 months in Kew.

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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.