501/6 Acacia Place Abbotsford VIC 3067

2 / 2 / 1 / -

Here you can find what you need to know about 501/6 Acacia Place , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Abbotsford, VIC and much more.

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501/6 Acacia Place Estimated Value

$700,000 - $750,000

Medium confidence estimate
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Last sold for $723,000 on 15/05/2012

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated Rent	$504 pw
Gross Cashflow	Unavailable
Estimated Gross Yield	Upgrade to Premium

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Pros & Cons

Things to like

Above market cashflow potential
Cheaper than comparable properties
Low risk of losing value

Things to look out for

Slower growth than market average

Investment Strategy Scores

No Investor Scores available for this property

About this Property

Details

Bedrooms	2
Bathrooms	2
Car Spaces	1
Land Size	-
Floor Area	74 m²
House Type	Unit: Standard

Council Area	Yarra
Year Built	2013
Zone	Commercial 1 Zone
Lot/Plan	501/PS641350 Abbotsford VIC
Property Type	Unit

Last listing description (June 2020)

LEASED - APARTMENT 401 NOW AVAILABLE
Join the community at Acacia Place. Situated right on the river, the apartment offers an open plan living area out to the very usable balcony, main bedroom with ensuite, a smaller 2nd bedroom perfect for guests or a study (complete with pull down bed), a second bathroom and separate laundry with washing machine and dryer. Features a security car space, storage cage, split system heating/cooling and wonderful amenities within the development. Inspect as advertised or by private appointment.

Property Timeline

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Neighbourhood

Suburb Insights

Abbotsford, VIC 3067

Part of: Yarra Council

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Abbotsford, VIC 3067

Part of: Yarra Council No data available

The size of Abbotsford is approximately 1.8 square kilometres. It has 6 parks covering nearly 4.7% of total area. The population of Abbotsford in 2011 was 4,907 people. By 2016 the population was 8,193 showing a population growth of 67.0% in the area during that time. The predominant age group in Abbotsford is 20-29 years. Households in Abbotsford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Abbotsford work in a professional occupation. In 2011, 56.2% of the homes in Abbotsford were owner-occupied compared with 38.8% in 2016. (source: Australian Bureau of Statistics)

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Abbotsford, VIC 3067

Part of: Yarra Council No data available

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4 km

Distance from Melbourne CBD

Population

67%

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Abbotsford for Units in last 12 months

Last 12 months in Abbotsford VIC 3067 View Suburb Profile

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$586K Median Sale Price
224 Properties sold
$420pw Median Rent
3.9% Median Gross Yield
55 Average Days on Market
-0.07% Average Vendor Discount
4.2% Median Price Change (1 yr)

There have been 224 Units sold in Abbotsford in the past 12 months with a median sale price of $586K, up 4.2% annually. It takes on average 55 days to sell with vendor discounting of -0.07%.

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