176 Hoddle Street, Abbotsford, VIC 3067 | Property Value & History | OnTheHouse
 
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176 Hoddle Street
Abbotsford VIC 3067

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 274m2
Land area: 275m2
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Property Details for 176 Hoddle St, Abbotsford

Building Type
Commercial
Floor Size
274m2
Land Size
275m2
Local Government
Yarra
Lot/Plan
1/TP585760

Last Listing description (August 2019)

Inner Melbourne Hostel leasehold. Perfectly located within walking distance of Melbourne CBD and a very short stroll to multiple public transport options. This hostel is ideally suited to student accommodation. Currently run with staff residing on-premise and no owners/managers on site. The hostel consists of 14 bedrooms of varying sizes totalling 40 beds, a well equipped communal kitchen, communal lounge and a separate communal dining area. Secured with pin code entry and CCTV. And the potential to operate a caf/bar STCA and licensing regulations.


- The long term nature of student accommodation minimises check in and check out movement and negates the need for reception coverage.
- Resident staff provide an excellent opportunity for an owner to step away from the business.
- The hostel style accommodation facilitates low operational costs to counter the typically high inner-city rent.
- Public Transport only minutes from the front door. Bus (50m), Train (400m) and Tram (1km)
- 14 rooms of varying sizes totalling 40 beds
- Centrally located to some of Melbourne's famous dining precincts including Lygon Street's Italian Cuisine, Victoria Street's Vietnamese Cuisine and Johnson Street's Latin Cuisine
- Potential to operate a caf/bar STCA and licensing regulations.

NB: Property inspections are by appointment only

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Property History for 176 Hoddle St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$2,050,000
27 Apr 2016
  • 02 Jul 2019
    Listed for Sale $275,000
  • 27 Apr 2016
    Sold for $2,050,000
  • 16 Dec 2013
    Listed for Sale POA
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About 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 7,996 properties. Over the last 5 years, Houses in Abbotsford have seen a 9.65% increase in median value, while Units have seen a 7.03% increase. As at 31 December 2025:

  • The median value for Houses in Abbotsford is $1,319,852 while the median value for Units is $559,413.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 34 properties listed for sale, and 19 properties listed for rent in Abbotsford on OnTheHouse. According to Cotality's data, 458 properties were sold in the past 12 months in Abbotsford.

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