OFF MARKET

5/16 Payne Street
Caulfield North VIC 3161

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 837m2
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Property Details for 5/16 Payne St, Caulfield North

5/16 Payne St, Caulfield North is a 3 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 837m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1970
Land Size
837m2
Local Government
Glen Eira
Lot/Plan
5/RP6471

Last Listing description (September 2023)

You can't look past this this sunny & spacious refurbished first floor apartment, securely tucked away in a peacefully located block near the end of a quiet cul-de-sac in a prime tree-lined locale. Whether you're a first home buyer wanting to tap into the market or a savvy investor looking to add to your portfolio, you'll love the light, location & generous proportions of this well planned apartment with a flexible flowing floorplan. An updated well appointed kitchen with quality stainless steel appliances (including dishwasher), mirrored splashbacks & good storage flows through to a light filled dining space (optional study/third bedroom) with large windows enjoying a lovely leafy outlook. While a generous living room flooded with abundant natural light enjoys access to an undercover entertainer's balcony.
This inviting apartment also features two sun kissed double bedrooms with built-in robes & an original good condition central bathroom with shower, bath, laundry facilities & a separate toilet. Other features include heating hallway storage, under cover off street parking for one car & secure intercom entry. This prized location is within walking distance to the magnificent Caulfield Park, Caulfield Racecourse, Caulfield Station, tram stops, Monash University, shops, restaurants & local cafes.

Property History for 5/16 Payne St, Caulfield North, VIC 3161

A timeline of how this property has performed in the market
Last Sold
$655,000
09 Aug 2023
Listed for Rent
$555/w
05 Jul 2023
  • 09 Aug 2023
    Sold for $655,000
  • 11 Jul 2023
    Listed for Sale Not Disclosed
  • 19 Jun 2023
    Listed for Rent $555 / week
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About Caulfield North 3161

The size of Caulfield North is approximately 4.2 square kilometres. It has 4 parks covering nearly 6.9% of total area. The population of Caulfield North in 2011 was 14,553 people. By 2016 the population was 15,262 showing a population growth of 4.9% in the area during that time. The predominant age group in Caulfield North is 20-29 years. Households in Caulfield North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield North work in a professional occupation. In 2011, 61.8% of the homes in Caulfield North were owner-occupied compared with 58.8% in 2016.

Caulfield North has 10,391 properties. Over the last 5 years, Houses in Caulfield North have seen a 14.19% increase in median value, while Units have seen a 3.86% increase. As at 30 September 2024:

  • The median value for Houses in Caulfield North is $2,344,276 while the median value for Units is $694,639.
  • Houses have a median rent of $845 while Units have a median rent of $580.
There are currently 32 properties listed for sale, and 11 properties listed for rent in Caulfield north on OnTheHouse. According to CoreLogic's data, 405 properties were sold in the past 12 months in Caulfield north.

Suburb Insights for Caulfield North 3161

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.