SOLD
Sold on 21 Dec 2023 for $422,000

1/36 Railway Place
Fairfield VIC 3078

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 71m2
Land area: 85m2
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Property Details for 1/36 Railway Pl, Fairfield

Building Type
Commercial
Year Built
2000
Floor Size
71m2
Land Size
85m2
Local Government
Darebin
Lot/Plan
1/PS603812

Last Listing description (October 2023)

Nelson Alexander Commercial are pleased to offer For Private Sale this prime retail/office in prominent Fairfield location. This versatile property is surrounded by many popular eateries including Pizza Stazione, Fifteen Pounds Caf, Flour + Salt, Buza Chicken, Bean Counter Caf and more. Whether you are looking to invest or occupy, this is the right property for you.

Key Property Features:

- Building Area 76m2 (approx.)

- Includes 1 Secure Car Park
- Fully Self Contained
- Heating & Cooling
- Fully Fitted Kitchen plus Bathroom Shower
- 3 Minute Walk to Fairfield Station
- Surrounded by Many Popular Eateries
- Invest or Occupy
- Fantastic Entry Level Opportunity

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

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Property History for 1/36 Railway Pl, Fairfield, VIC 3078

A timeline of how this property has performed in the market
Last Sold
$422,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $422,000
  • 26 Oct 2023
    Listed for Sale Contact Agent
  • 20 Oct 2017
    Sold for $423,500
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About Fairfield 3078

The size of Fairfield is approximately 3.5 square kilometres. It has 22 parks covering nearly 43.5% of total area. The population of Fairfield in 2011 was 5,946 people. By 2016 the population was 6,556 showing a population growth of 10.3% in the area during that time. The predominant age group in Fairfield is 30-39 years. Households in Fairfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairfield work in a professional occupation. In 2011, 58.8% of the homes in Fairfield were owner-occupied compared with 54.4% in 2016.

Fairfield has 4,225 properties. Over the last 5 years, Houses in Fairfield have seen a 23.61% increase in median value, while Units have seen a 20.65% increase. As at 31 July 2024:

  • The median value for Houses in Fairfield is $1,712,609 while the median value for Units is $661,282.
  • Houses have a median rent of $790 while Units have a median rent of $445.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Fairfield on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Fairfield.

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