OFF MARKET

4/1 Hick Street
Spotswood VIC 3015

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
Land area: 905m2
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Last updated 11 Nov 2024
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Property Details for 4/1 Hick St, Spotswood

4/1 Hick St, Spotswood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 905m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1970
Floor Size
67m2
Land Size
905m2
Local Government
Hobsons Bay
Lot/Plan
6/RP4522

Last Listing description (June 2022)

This incredible residence has just been launched on the market, and if statistics from the last few months are to be believed, this elegant newly renovated unit will likely be snatched up very quickly!

A rare & spacious 2 bedroom unit with elegant interior finish, built-in-robes and large windows, this brick veneer home gives off a warmth and homey ambiance unmatched by modern houses. Updated with a modern kitchen and bathroom, this spectacularly well kept home is perfect for established large families, or those looking to grow!


With features such as;
- Alfresco balcony
- Timber floor boards
- Ample storage and cupboard space
- Fujitsu Split-system air-conditioning units
- Triple-lock front door security system
- Designated Parking bay
- Newly renovated

This flexible allotment of land may also be considered for development, as options for knockdown-rebuild should be considered as a potential investment (STCA).

Moving on to the outside of the home: families will love the newly decked timber floor for entertaining!

With ease of access to the city, the property sits within a short drive from the M1 freeway entry, and is a mere 10km from the city CBD (approximately).

Ultimately, with Spotswood boasting such a drastic increase in demand and average sales prices over the past 18 months, this property is one investors, families or executive couples would truly thrive in.

Property History for 4/1 Hick St, Spotswood, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$560,000
25 Oct 2023
Listed for Rent
$360/w
17 Jan 2022
  • 25 Oct 2023
    Sold for $560,000
  • 20 May 2022
    Sold for $494,000
  • 07 Feb 2022
    Listed for Sale $530,000 - $570,000
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About Spotswood 3015

The size of Spotswood is approximately 3 square kilometres. It has 11 parks covering nearly 14.5% of total area. The population of Spotswood in 2011 was 2,338 people. By 2016 the population was 2,602 showing a population growth of 11.3% in the area during that time. The predominant age group in Spotswood is 30-39 years. Households in Spotswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spotswood work in a professional occupation. In 2011, 66.8% of the homes in Spotswood were owner-occupied compared with 66% in 2016.

Spotswood has 1,907 properties. Over the last 5 years, Houses in Spotswood have seen a 9.39% increase in median value, while Units have seen a 9.19% increase. As at 31 October 2024:

  • The median value for Houses in Spotswood is $1,118,363 while the median value for Units is $718,621.
  • Houses have a median rent of $690 while Units have a median rent of $595.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Spotswood on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Spotswood.

Suburb Insights for Spotswood 3015

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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.