SOLD
Sold on 16 Dec 2023 for $435,000

112/2 Bailey Crescent
Oak Park VIC 3046

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 2070m2
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Property Details for 112/2 Bailey Cres, Oak Park

112/2 Bailey Cres, Oak Park is a 1 bedroom, 1 bathroom Unit and was built in 2023. The property has a land size of 2070m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Oak Park in the last 12 months.

Building Type
Unit
Year Built
2023
Floor Size
53m2
Land Size
2070m2
Local Government
Merri-Bek
Lot/Plan
112/PS745203

Last Listing description (February 2024)

***Scheduling your property inspection is now a breeze! Simply click on the "Book an Inspection" or "Request a Time" button to secure your appointment. You'll instantly receive a confirmation and be kept up-to-date with any alterations or cancellations concerning your scheduled visit. Please be aware, inspections may be subject to cancellation if no bookings are registered. Make your booking today and take the first step in finding your ideal home***

This brand new 1 bedroom apartment in the "Park Lane" building is sure to impress.

Featuring:

- Secure building with intercom and lift access
- Modern kitchen with plenty of cupboard space and dishwasher
- Lounge room (with split system), that flows out to the generous sized balcony
- Carpeted bedroom with built in robe
- Modern central bathroom
- European laundry (in the bathroom)
- 1 car space
- 1 storage cage
- Stylish finishes throughout, including timber flooring

Located only a mere 400m of the Oak Park train station, ?Park Lane? makes your commute from the quiet leafy suburbs of Oak Park and is conveniently located 11km north of Melbourne?s CBD and one of Victoria?s fastest-growing areas and is a short distance to all major arterial roads to get anywhere in Melbourne with 15-20 min.

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Property History for 112/2 Bailey Cres, Oak Park, VIC 3046

A timeline of how this property has performed in the market
Last Sold
$435,000
16 Dec 2023
  • 22 Feb 2024
    Listed for Rent $400 / week
  • 16 Dec 2023
    Sold for $435,000

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About Oak Park 3046

The size of Oak Park is approximately 2.1 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Oak Park in 2011 was 5,772 people. By 2016 the population was 6,205 showing a population growth of 7.5% in the area during that time. The predominant age group in Oak Park is 30-39 years. Households in Oak Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Park work in a professional occupation. In 2011, 74.2% of the homes in Oak Park were owner-occupied compared with 69.6% in 2016.

Oak Park has 3,652 properties. Over the last 5 years, Houses in Oak Park have seen a 15.49% increase in median value, while Units have seen a 4.04% increase. As at 31 October 2024:

  • The median value for Houses in Oak Park is $1,023,255 while the median value for Units is $646,082.
  • Houses have a median rent of $600 while Units have a median rent of $495.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Oak park on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Oak park.

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