SOLD
Sold on 10 Apr 2024 for $462,500

216/2 Bailey Crescent
Oak Park VIC 3046

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 2070m2
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Property Details for 216/2 Bailey Cres, Oak Park

216/2 Bailey Cres, Oak Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 2070m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Oak Park in the last 12 months.

Building Type
Unit
Year Built
2017
Land Size
2070m2
Local Government
Merri-Bek
Lot/Plan
216/PS745203

Last Listing description (May 2024)

Discover the perfect blend of comfort and convenience at 216/2 Bailey Crescent, Oak Park!

This brand-new apartment offers modern living at its finest, featuring spacious interiors flooded with natural light. With a contemporary kitchen, cozy bedrooms, and a private balcony, it's the ideal space to call home.

Located in the heart of Oak Park, you'll enjoy easy access to local amenities, parks, and public transport options. Whether you're a first-time buyer or looking to downsize, this apartment ticks all the boxes.

Don't miss out on this fantastic opportunity. Contact us today to schedule a viewing and make 216/2 Bailey Crescent your new address!

*Buyers Due Diligence Checklist*

Property History for 216/2 Bailey Cres, Oak Park, VIC 3046

A timeline of how this property has performed in the market
Last Sold
$462,500
10 Apr 2024
  • 10 Apr 2024
    Sold for $462,500
  • 12 Mar 2024
    Listed for Sale $445,000 - $485,000
  • 05 Nov 2021
    Sold for $494,000

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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 3,649 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 6 properties listed for rent in Oak park on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Oak park.

Suburb Insights for Oak Park 3046

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Prestige Group Real Estate
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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.