OFF MARKET

7/245 Nicholson Street
Seddon VIC 3011

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 2055m2
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Last updated 30 Sep 2024
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Property Details for 7/245 Nicholson St, Seddon

7/245 Nicholson St, Seddon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2055m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1970
Floor Size
83m2
Land Size
2055m2
Local Government
Maribyrnong
Lot/Plan
7/RP18495

Last Listing description (May 2021)

Offering a sought after lifestyle of convenience and comfort is this ground-level apartment in a popular low rise block. The property is fully renovated and ready to enjoy. Occupying a central Seddon position and only a short stroll to Seddon and Footscray Villages.

- Well-appointed kitchen with ample storage with separate meals area
- Separate, large-scaled lounge that opens onto an East-facing balcony

- Built-in robes and large windows are bedroom highlights
- Secure bike storage room onsite
- Walk to Maribyrnong River, Footscray Market and train stations
- Just moments to Victoria University, Docklands and the city
- Investors and aspiring residents will find all they need

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Property History for 7/245 Nicholson St, Seddon, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$579,999
03 May 2021
Listed for Rent
$380/w
22 Mar 2021
  • 03 May 2021
    Sold for $579,999
  • 14 Apr 2021
    Listed for Sale $550,000 - $600,000
  • 11 Feb 2021
    Listed for Rent $380 / week
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About Seddon 3011

The size of Seddon is approximately 0.9 square kilometres. It has 7 parks covering nearly 2.5% of total area. The population of Seddon in 2011 was 4,851 people. By 2016 the population was 5,125 showing a population growth of 5.6% in the area during that time. The predominant age group in Seddon is 30-39 years. Households in Seddon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Seddon work in a professional occupation. In 2011, 60.3% of the homes in Seddon were owner-occupied compared with 57% in 2016.

Seddon has 2,825 properties. Over the last 5 years, Houses in Seddon have seen a 14.90% increase in median value, while Units have seen a 14.07% increase. As at 30 September 2024:

  • The median value for Houses in Seddon is $1,115,298 while the median value for Units is $611,863.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Seddon on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Seddon.

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