OFF MARKET

512-518 Racecourse Road
Flemington VIC 3031

Bedrooms: 5
Bathrooms: 2
Car spaces: 5
Floor area: 273m2
Land area: 613m2
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Property Details for 512-518 Racecourse Rd, Flemington

512-518 Racecourse Rd, Flemington is a 5 bedroom, 2 bathroom House with 5 parking spaces and was built in 1922. The property has a land size of 613m2 and floor size of 273m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1922
Floor Size
273m2
Land Size
613m2
Local Government
Moonee Valley
Lot/Plan
2/TP809290

Last Listing description (October 2023)

'PARK VIEW' - this remarkable Swiss chalet-style bungalow (c1924) is a home like no other providing a unique city-fringe family lifestyle of exceptional quality and floorplan flexibility - all on 613sqm of land (approx) directly opposite the open spaces of Newmarket Reserve.

Beyond the distinctive rendered facade, discover a wonderfully spacious interior comprising a grand entrance foyer along with five large bedrooms complemented by two stylish bathrooms (one on each level). Further emphasizing its family appeal is the inclusion of a dedicated study alcove, enormous front lounge and equally-impressive dining room, as well as a contemporary kitchen complete with 900mm cooking appliances and Miele dishwasher. Other features of this extraordinary home include hydronic heating and split-system air conditioning, excellent storage options and an abundance of natural light throughout, as well as towering ceilings, original stained timberwork, lead-light windows and solid timber floors. Step outside to enjoy the enclosed back verandah overlooking the sizeable north-facing backyard with external laundry and third WC, plus a large sideway terrace (above the main entrance), garage via side drive and additional off-street parking via the rear ROW.

Walking distance to the tram stop, Newmarket Station, Newmarket Plaza and Pin Oak Crescent cafes, it's also close to local schools and the iconic Flemington Racecourse, as well as easy access to riverside trails and Citylink.

Property History for 512-518 Racecourse Rd, Flemington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$1,850,000
22 Oct 2023
  • 22 Oct 2023
    Sold for $1,850,000
  • 04 Oct 2023
    Listed for Sale Under Offer
  • 18 Jun 2003
    Sold for $660,000
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About Flemington 3031

The size of Flemington is approximately 2.9 square kilometres. It has 13 parks covering nearly 5.2% of total area. The population of Flemington in 2011 was 7,528 people. By 2016 the population was 7,721 showing a population growth of 2.6% in the area during that time. The predominant age group in Flemington is 20-29 years. Households in Flemington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flemington work in a professional occupation. In 2011, 34.5% of the homes in Flemington were owner-occupied compared with 33.4% in 2016.

Flemington has 4,864 properties. Over the last 5 years, Houses in Flemington have seen a 9.38% increase in median value, while Units have seen a -4.28% decrease. As at 31 October 2024:

  • The median value for Houses in Flemington is $1,164,189 while the median value for Units is $416,840.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Flemington on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Flemington.

Suburb Insights for Flemington 3031

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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.