29/41 Railway AvenueOakleigh VIC 3166
Property Details for 29/41 Railway Ave, Oakleigh
29/41 Railway Ave, Oakleigh is a 0 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 1092m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (November 2019)
Finally a studio apartment that's funky & fabulous in a small boutique block.
For the astute investor or simply those owner-occupiers looking for an apartment in a great location, this modern and spacious apartment in the heart of Huntingdale Village provides many possibilities. For students studying at Monash University Clayton or Caufield campuses, it is no more than a 10 minutes ride from the train or bus stations situated opposite the apartment. Huntingdale Station is being upgraded with new bus interchanges, ramps and stair facilities. Plenty of free car park available during the day and night right in front of the apartment.
In a 3 storey building with shared basement parking, lift and security access, the top floor apartment features an open living area overlooking spacious balcony with view, stone topped kitchen with SS appliances ( dishwasher, oven and gas cooktop), plus well natural light filtering through, well finished bathrooms as well as reverse cycle air conditioner system. This apartment provides a low maintenance lifestyle at a price you can afford. This apartment is a stand out and makes a very attractive buy.
This is a great investment opportunity with great rental yield on this secure investment opportunity which is a rare combination of premium quality and affordability in an area with proven capital and rental return. At present, the home is realising $14,076 rent per annum, a very rewarding yield of 7.6% (approx.).
For further information or to arrange a private viewing contact Vincent Ng on 0433 184 983.
Property History for 29/41 Railway Ave, Oakleigh, VIC 3166
- 09 Oct 2019Sold for $185,000
- 12 Aug 2019Listed for Sale $185,000-$199,000
- 12 Mar 2019Listed for Rent - Price not available
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0About 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 5,453 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.
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