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Sold on 16 Apr 2024 - Price Unavailable

15-19 Railway Avenue
Oakleigh VIC 3166

Bedrooms: 1
Bathrooms: 1
Car spaces: 10
Floor area: 1150m2
Land area: 1562m2
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Property Details for 15-19 Railway Ave, Oakleigh

15-19 Railway Ave, Oakleigh is a 1 bedroom, 1 bathroom Other with 10 parking spaces. The property has a land size of 1562m2 and floor size of 1150m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Other sold in Oakleigh in the last 12 months.

Building Type
Other
Floor Size
1150m2
Land Size
1562m2
Local Government
Monash
Lot/Plan
15/LP11288

Last Listing description (April 2024)

Century 21 Reach is pleased to present 15-19 Railway Avenue, Oakleigh, via public Auction on Thursday 11st April 2024 at 11:30am (Unless Sold Prior).

Nestled in the tightly held and sought after Oakleigh Industrial precinct, with its close proximity to Oakleigh and Huntingdale Railway Stations (190m), close to Shopping Centres and its accessibility to major arterials including the Monash Freeway, Princes Highway, Wellington Road and North Road, this property ticks all the boxes.

Property Features:

* Significant 1,562m²* located in the heart of the Oakleigh Activity Centre
* Functional existing improvements of 1,150m²* including workshop, storage, office, Kitchen and amenities
* Vacant Possession
* Capacious parking and loading area
* 190m* to the Huntingdale Train Station
* Superior access to transport amenity and major arterial road networks
* This opportunity will appeal to Owner Occupiers, Investors and Developers

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Property History for 15-19 Railway Ave, Oakleigh, VIC 3166

A timeline of how this property has performed in the market
Last Sold
16 Apr 2024
  • 12 Apr 2024
    Sold for $2,815,000
  • 20 Mar 2024
    Listed for Sale SOLD AT AUCTION
  • 10 Jul 2018
    Sold for $1,938,000
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About Oakleigh 3166

The size of Oakleigh is approximately 3.5 square kilometres. It has 11 parks covering nearly 10.8% of total area. The population of Oakleigh in 2011 was 7,534 people. By 2016 the population was 7,891 showing a population growth of 4.7% in the area during that time. The predominant age group in Oakleigh is 20-29 years. Households in Oakleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh work in a professional occupation. In 2011, 67.3% of the homes in Oakleigh were owner-occupied compared with 64.4% in 2016.

Oakleigh has 5,447 properties. Over the last 5 years, Houses in Oakleigh have seen a 14.57% increase in median value, while Units have seen a -1.09% decrease. As at 31 October 2024:

  • The median value for Houses in Oakleigh is $1,284,232 while the median value for Units is $600,636.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 15 properties listed for rent in Oakleigh on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Oakleigh.

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Gilbert Ng
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CENTURY 21 Reach
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