FOR SALE
$200,000 to $220,000

16/41 Railway Avenue
Oakleigh VIC 3166

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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LIFESTYLE LIVING IN THE HEART OF HUNTINGDALE VILLAGE

Newly renewed lease, this apartment is perfect for investors seeking a secured long lease, of approx. $16,164.00 per annum, or for the owner-occupier to move in at the expiry of the lease on 23/04/2025. This studio apartment has been designed purely with lifestyle in mind – from its surprising space and features to its convenient location, this one will impress occupiers and investors alike. This second-floor apartment features a neat bathroom complete with provision for laundry and open plan living leading to a spacious private balcony. The kitchen features stone topped benches, electric cook-top and oven, built in dishwasher and ample cabinets and storage space. A built-in-robe, study nook and split heating/cooling system and intercom completes the package. With shops, cafes, buses and trains at your immediate disposal and Monash University, central Oakleigh and Chadstone shopping centre all just minutes away, this very affordable property is not to be missed.
Note: Stock photography utilised.
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Property Details for 16/41 Railway Ave, Oakleigh

16/41 Railway Ave, Oakleigh is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with CENTURY 21 Property Group.

Building Type
Apartment

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About Oakleigh 3166

The size of Oakleigh is approximately 3.5 square kilometres. It has 11 parks covering nearly 10.8% of total area. The population of Oakleigh in 2011 was 7,534 people. By 2016 the population was 7,891 showing a population growth of 4.7% in the area during that time. The predominant age group in Oakleigh is 20-29 years. Households in Oakleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh work in a professional occupation. In 2011, 67.3% of the homes in Oakleigh were owner-occupied compared with 64.4% in 2016.

Oakleigh has 5,447 properties. Over the last 5 years, Houses in Oakleigh have seen a 14.57% increase in median value, while Units have seen a -1.09% decrease. As at 31 October 2024:

  • The median value for Houses in Oakleigh is $1,284,232 while the median value for Units is $600,636.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 15 properties listed for rent in Oakleigh on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Oakleigh.

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