256 High Street, Northcote, VIC 3070 sold on 23 October 2025 | OnTheHouse
 
SOLD
Sold on 23 Oct 2025 for $740,000

256 High Street
Northcote VIC 3070

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 256 High St, Northcote

Building Type
Commercial
Local Government
Darebin
Lot/Plan
1/PS433600

Last Listing description (June 2015)

Savvy Investors and Superannuates - No GST payable!

Located within a tightly held, popular, vibrant retail precinct surrounded by cafe's and served by trams and buses; this is an outstanding opportunity to secure the freehold of this single level premises on an iconic strip, securely leased to a well established, iconic business. With a current rental of $22,272 (net), it presents an excellent choice for savvy investors and superannuates to secure an income stream and improved capital growth over the medium and long term.
- Building area 82m2 (approx)
- Leased until 2018

- All outgoings and GST paid by tenant
- CPI reviews at end of lease period
- Currently returning $1856 pcm
Contact John Kalpakis 0412 500 250 or Joe Horton 0421 128 008

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Property History for 256 High St, Northcote, VIC 3070

A timeline of how this property has performed in the market
Last Sold
$740,000
23 Oct 2025
  • 20 Jun 2015
    Sold - Price Undisclosed
  • 23 May 2015
    Listed for Sale CONTACT AGENT
  • 13 Jul 2006
    Listed for Rent - Price not available
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About Northcote 3070

The size of Northcote is approximately 6.0 square kilometres. There are 23 parks, covering nearly 11.3% of the 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 14,356 properties. Over the last 5 years, Houses in Northcote have seen a 2.40% increase in median value, while Units have seen a -1.47% decrease. As at 30 April 2026:

  • The median value for Houses in Northcote is $1,711,109 while the median value for Units is $651,217.
  • Houses have a median rent of $850 while Units have a median rent of $580.
There are currently 31 properties listed for sale, and 21 properties listed for rent in Northcote on OnTheHouse. According to Cotality's data, 661 properties were sold in the past 12 months in Northcote.

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