27/11 Nicholson Street, Abbotsford VIC 3067
27/11 Nicholson Street, Abbotsford VIC 3067
3 bedrooms, 2 bathrooms, 2 secure car spaces, 1 storage cage. 174sqm internal. Townhouse over two levels. Elevated city skyline views. Owners corporation fees approximately $1017 per quarter.
This townhouse offers a rare combination of genuine space and city skyline views within Abbotsfords vibrant Victoria Street precinct. At 174sqm across two levels it is significantly larger than most townhouses in the area, which tend toward compact two bedroom configurations. The elevated terrace and open plan living create a seamless indoor outdoor connection that is uncommon for a property in a complex of this size. It serves best buyers who want inner city convenience without compromising on space, particularly professionals or couples who value immediate access to dining, river trails, and public transport while still having room to entertain.
The owners corporation fees at approximately $1017 per quarter are a material factor and should be weighed carefully against the benefits of secure parking and storage. The property sits within a 43 unit complex, which means shared amenities and governance that may influence future maintenance costs or renovation flexibility. The previous sale in 2020 for $1,092,500 provides a useful reference point, though market conditions have shifted since then. Buyers should also consider that the elevated views, while a premium feature, may be affected by future development in the surrounding area given the suburbs ongoing densification.
Detailed Independent Property Report prepared by PropCred Analyst team for 27/11 Nicholson Street, Abbotsford VIC 3067
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Abbotsford’s inner-city positioning offers strong connectivity and a diverse property market. Demand is underpinned by high unit sales volume, appealing to investors and those seeking entry into the locale. Recent price trends show stable to moderate growth for houses and units, though market conditions indicate tightening supply with fewer new listings and extended selling periods for houses. Future growth is supported by its established proximity to the city, yet key constraints include declining house sales volume and a slower market tempo.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
1.36 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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