Back 320/55 Villiers Street
Off Market

320/55 Villiers Street

North Melbourne VIC 3051

1
1
Apartment
Last sold for $162,000
Daniel LinDaniel Lin, last sold this property on 14 April 2020 after 67 days on market.

Overview

Investment Opportunity of up to 8.7% Returns

PRIVATE INSPECTIONS AVAILABLE Showcasing a fantastic opportunity to invest in a prime location of North Melbourne. This student accommodation apartment has a current rental return of $300 per week until 10th July 2020. Residents can appreciate the generous size this apartment has to offer. The bedroom size accommodates a double-size bed with floor-to-ceiling windows. A contemporary kitchen design is equipped with stainless steel appliances and gas cooktop which allows for cleaning with ease. Additional features include tiling in the bathroom, a split system air-conditioning for creature comforts, a dining area separated from the bedroom with a glass sliding door and an allocated study area providing the extra space when needed. Villiers Building offers plenty of communal facilities, shared laundry, bicycle racks, student lounge, external courtyard and terrace. Secure entry with onsite building manager available for assistance. Surrounded by abundance of local amenities makes it ideal for student living a breeze. The local restaurant cafes, major hospitals, local parks and retailers are within a short stroll. IGA store is available in the building for daily conveniences and not to mention that RMIT and Melbourne Uni is just a stone's throw away. Tram 55 and 59 are also easily accessible right outside your doorstep.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in North Melbourne over the last 12 months, the estimated median property value of 320/55 Villiers Street is $370k.

Median value
$370k
Estimated value range
$132k - $638k
Median days on market
34
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 320/55 Villiers Street

2024
Rented
Undisclosed
Leased on 25 Feb 2024 by Dynamic Residential
2020
Sold
$162,000
Private Sale/Treaty on 14 Apr 2020 by Daniel Lin, of Bow Residential

Happy sellers in North Melbourne

72%
72% of sellers in North Melbourne reported that their sale price either exceeded or met their price expectations.

North Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in North Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in North Melbourne

In the last 12 months, 74 one-bedroom apartments similar to 320/55 Villiers Street, have been sold.

This represents a 27% increase in one-bedroom apartments sales when compared to the previous 12 months.

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