Kingsville Melbourne apartment the state's most affordable
Joel RobinsonDecember 7, 2020
An apartment in Kingsville that sold for $228,000 was Melbourne's most affordable property sold at auction on the weekend.
The one bedroom, one bathroom modern apartment at 9/73 Kingsville Street features a renovated kitchen, a master bedroom with walk in wardrobes and a separate, updated bathroom.
The property also comes with a car space and is located close to cafe's and the natural Cruickshank Park.
Leigh Melbourne of Greg Hocking Elly Partners was the selling agent.
The property last traded for $165,000 in 2004 - up 2.77% annually over 11 years.
Joel Robinson
Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.