SOLD
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Sold on 26 Feb 2024 for $467,000

23 Railway Avenue
Darnum VIC 3822

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
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Property Details for 23 Railway Ave, Darnum

23 Railway Ave, Darnum is a 4 bedroom, 1 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Darnum in the last 12 months.

Building Type
House
Local Government
Baw Baw
Lot/Plan
1/TP375836

Last Listing description (February 2024)

Auction on Site – 24th February at 11:00am

Regretful Sale Prime Potential

The home is in need of extensive renovation and the house has fallen into disrepair.


Elevated on stumps, offering a canvas for transformation.
Recommended for auction to facilitate the sale, providing an opportunity for buyers to determine its value.

A generous 1711m2 approx., offering potential for various uses and split into two titles, enabling a quick and easy subdivision as per buyer's preference. Noting at the Rear shed encroaches over both titles, a factor to be carefully considered during the subdivision process.
With two titles, explore the potential for multiple dwellings or other creative land use options.

A Detailed report has been made available for purchase, providing insights into necessary repairs and renovations of the home itself

Act Now - Unlock the Potential!

Don't miss this unique opportunity to secure a property with immense potential. Whether you're a seasoned developer or a visionary homeowner, 23 Railway Avenue, Darnum, invites you to explore the possibilities and reimagine the potential within this expansive land. Mark the auction date on your calendar and make your move!

Terms: 10% Deposit, Balance in 30 Days

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Property History for 23 Railway Ave, Darnum, VIC 3822

A timeline of how this property has performed in the market
Last Sold
$467,000
26 Feb 2024
  • 24 Feb 2024
    Sold for $467,000
  • 02 Feb 2024
    Listed for Sale $467,000
  • 25 Oct 2008
    Listed for Sale $57,000
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About Darnum 3822

The size of Darnum is approximately 38.3 square kilometres. The population of Darnum in 2011 was 668 people. By 2016 the population was 750 showing a population growth of 12.3% in the area during that time. The predominant age group in Darnum is 10-19 years. Households in Darnum are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Darnum work in a trades occupation. In 2011, 90% of the homes in Darnum were owner-occupied compared with 86.7% in 2016.

Darnum has 361 properties. Over the last 5 years, Houses in Darnum have seen a 61.03% increase in median value. As at 31 August 2024:

  • The median value for Houses in Darnum is $749,811 while the median value for Units is $552,067.
There are currently 6 properties listed for sale, and no properties listed for rent in Darnum on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Darnum.

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