209 High Street, Northcote, VIC 3070 | Property Value & History | OnTheHouse
OFF MARKET

209 High Street
Northcote VIC 3070

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 172m2
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Property Details for 209 High St, Northcote

Building Type
Commercial
Land Size
172m2
Local Government
Darebin
Lot/Plan
7/LP57607

Last Listing description (November 2021)

** SOLD **

Gross Waddell ICR is pleased to offer this premier High Street retail investment with a brand new 5 year lease as part of the 'Signature Auction Portfolio'.

https://gwicrsignatureauctionseries.com.au/

Prime single-storey retail freehold investment and located in a premier position near Northcote Town Hall

Net income of $30,349.80* per annum with fixed 3% annual increases

New 5 year lease with a further 5 year option

High profile position on High Street and surrounded by an array of bustling retail and commercial amenity

Benefitting from rear lane access and resides on 171 sqm* of Commercial 1 Zone (C1Z) land

Merely 4.50 km* from Melbourne's CBD, Northcote is a thriving village like neighbourhood which houses some of Melbourne's most trendy food and beverage operators and fashion boutiques

Ideal connectivity with tram stops located near the front door and easy stroll to both Northcote and Merri train stations

Northcote offers a soaring median house price of $1,750,000 (source REIV)

The property is to be sold via Public Auction as part of the 'Signature Auction Portfolio' and held at Leonda by the Yarra from 11 am on Thursday the 25th of November 2021. For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

Property History for 209 High St, Northcote, VIC 3070

A timeline of how this property has performed in the market
Last Sold
$1,156,000
25 Nov 2021
  • 25 Nov 2021
    Sold for $1,156,000
  • 28 Oct 2021
    Listed for Sale Contact Agent
  • 04 Dec 2001
    Transferred
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About Northcote 3070

The size of Northcote is approximately 6.0 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Northcote in 2016 was 24561 people. By 2021 the population was 25276 showing a population growth of 2.9% in the area during that time. The predominant age group in Northcote is 30-39 years. Households in Northcote are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Northcote work in a professional occupation.In 2021, 60.30% of the homes in Northcote were owner-occupied compared with 58.60% in 2016.

Northcote has 14,382 properties. Over the last 5 years, Houses in Northcote have seen a 8.62% increase in median value, while Units have seen a 7.22% increase. As at 31 March 2026:

  • The median value for Houses in Northcote is $1,763,816 while the median value for Units is $673,344.
  • Houses have a median rent of $850 while Units have a median rent of $580.
There are currently 39 properties listed for sale, and 21 properties listed for rent in Northcote on OnTheHouse. According to Cotality's data, 670 properties were sold in the past 12 months in Northcote.

Suburb Insights for Northcote 3070

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.