159 Gipps StreetAbbotsford VIC 3067
Property Details for 159 Gipps St, Abbotsford
Last Listing description (March 2024)
Expressions of Interest Closing Thursday 16th March at 2pm
This is an incredibly rare proposition to acquire an Edwardian freestanding dwelling, positioned on a large residential allotment measuring approximately 686sqm. A premium corner position, two street frontages, providing convenient access from Gipps Street and Raphael Street with existing crossovers, and a prime location, with Collingwood station just moments away, combine to confirm this compelling development opportunity. A heritage overlay on the existing home promotes renovation potential, while the generous land size represents significant scope to develop, perhaps adding townhouses or units as permitted (STCA). Currently comprising four principal rooms, additional spaces include a laundry, bathroom, mud room and large kitchen. Original features punctuate throughout the vast rooms and hallway, including stained glass windows, soaring pressed metal high ceilings, timber floors and open fireplaces. Walk to Yarra River trails, the Convent and an amazing choice of pubs, cafes and restaurants for which Abbotsford is much renowned.
Property History for 159 Gipps St, Abbotsford, VIC 3067
- 17 Mar 2023Sold for $2,050,000
- 24 Jan 2023Listed for Sale Expressions of Interest $2,000,000 - $2,200,000
- 01 Nov 1989Sold for $170,500
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0About Abbotsford 3067
The size of Abbotsford is approximately 1.8 square kilometres. It has 10 parks covering nearly 14.0% of total area. The population of Abbotsford in 2016 was 8184 people. By 2021 the population was 9088 showing a population growth of 11.0% in the area during that time. The predominant age group in Abbotsford is 30-39 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 2021, 42.50% of the homes in Abbotsford were owner-occupied compared with 38.80% in 2016.
Abbotsford has 7,997 properties. Over the last 5 years, Houses in Abbotsford have seen a 6.97% increase in median value, while Units have seen a -2.11% decrease. As at 31 March 2026:
- The median value for Houses in Abbotsford is $1,375,541 while the median value for Units is $552,919.
- Houses have a median rent of $840 while Units have a median rent of $600.
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