SOLD
Sold on 16 Oct 2024 for $1,090,000

62 Railway Parade
Highett VIC 3190

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 118m2
Land area: 585m2
Sold By
Buxton Bentleigh
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Property Details for 62 Railway Pde, Highett

Building Type
Land
Year Built
1940
Floor Size
118m2
Land Size
585m2
Local Government
Kingston
Lot/Plan
3/LP12208

Last Listing description (October 2024)

Build your dream home or re develop this amazing property, in a location that epitomises a premium lifestyle.

Whether you are looking for a new home site or a development site this property is for you. This exceptional opportunity also offers an opportunity to use the approved planning permit, for the construction of four luxurious townhouses. The possibilities are endless.

Don't miss out on this rare opening to shape the future in one of Melbourne's most desirable Bayside suburbs, metres to Highett Village with its assortment of cafes, restaurants, wine bars and the shopping centre, walk to the train, community centre and Moorabbin Primary School, minutes to Southland Shopping Centre and independent schools.

Call Claude Mery on 0422 455 848 to inspect.

Property History for 62 Railway Pde, Highett, VIC 3190

A timeline of how this property has performed in the market
Last Sold
$1,090,000
16 Oct 2024
  • 16 Oct 2024
    Sold for $1,090,000
  • 02 Sep 2024
    Listed for Sale $1,000,000 - $1,050,000
  • 16 Oct 2023
    Listed for Sale $1,485,000
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About Highett 3190

The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of total area. The population of Highett in 2011 was 10,263 people. By 2016 the population was 10,452 showing a population growth of 1.8% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation. In 2011, 71.7% of the homes in Highett were owner-occupied compared with 68.6% in 2016.

Highett has 7,171 properties. Over the last 5 years, Houses in Highett have seen a 13.80% increase in median value, while Units have seen a 4.30% increase. As at 30 November 2024:

  • The median value for Houses in Highett is $1,430,541 while the median value for Units is $687,753.
  • Houses have a median rent of $695 while Units have a median rent of $560.
There are currently 36 properties listed for sale, and 9 properties listed for rent in Highett on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Highett.

Suburb Insights for Highett 3190

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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.