OFF MARKET

38 Railway Parade
Creswick VIC 3363

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 972m2
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Property Details for 38 Railway Pde, Creswick

38 Railway Pde, Creswick is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 972m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
House
Floor Size
84m2
Land Size
972m2
Local Government
Hepburn
Lot/Plan
2/LP113306

Last Listing description (September 2018)

The quaint 2 bedroom cottage provides 2 separate living rooms conveniently warmed and cooled by a split system as well as offering the choice of an open fireplace should you choose. The living areas lead you into the kitchen with stone look bench tops with freestanding oven.
Located close to the well known Creswick Woollen Mill, this home presents many opportunities for the astute investor, first home buyer, investment or for retirees wanting to downsize. The 1013m2 grants shedding to the rear of the block contains parking for 2 vehicles as well as plenty of storage space and terrific work shop areas. The established gardens contain many fruit trees and give the feeling of complete privacy. Potential to subdivide STCA, your investment is solidly protected with a rental appraisal of $280p/w.

Property History for 38 Railway Pde, Creswick, VIC 3363

A timeline of how this property has performed in the market
Last Sold
$257,500
28 Jul 2018
  • 28 Jul 2018
    Sold for $257,500
  • 01 Feb 2018
    Listed for Sale Price by Negotiation $249,999 - $259,999
  • 16 May 2008
    Sold for $140,000
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About Creswick 3363

The size of Creswick is approximately 49.6 square kilometres. It has 10 parks covering nearly 17.2% of total area. The population of Creswick in 2011 was 2,941 people. By 2016 the population was 3,171 showing a population growth of 7.8% in the area during that time. The predominant age group in Creswick is 60-69 years. Households in Creswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Creswick work in a trades occupation. In 2011, 74.2% of the homes in Creswick were owner-occupied compared with 72.8% in 2016.

Creswick has 2,290 properties. Over the last 5 years, Houses in Creswick have seen a 34.61% increase in median value, while Units have seen a 8.33% increase. As at 31 October 2024:

  • The median value for Houses in Creswick is $498,142 while the median value for Units is $466,196.
  • Houses have a median rent of $410 while Units have a median rent of $250.
There are currently 59 properties listed for sale, and 4 properties listed for rent in Creswick on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Creswick.

Suburb Insights for Creswick 3363

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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.