SOLD
Sold on 21 Dec 2023 for $610,500

9/8B Railway Avenue
Oakleigh VIC 3166

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 87m2
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Sold By
Knight Frank Eastern Office
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Property Details for 9/8b Railway Ave, Oakleigh

Building Type
Commercial
Land Size
87m2
Local Government
Monash
Lot/Plan
9/PS700713

Last Listing description (November 2023)

This property is located a very short distance (150m*) to Huntingdale Railway Station and Huntingdale Retail precinct providing excellent access to Oakleigh's local amenity. Freeway access is second to none with a short drive up Huntingdale Road to the Monash Freeway (2.5km*)

Key Features Include:

- Full height roller door
- Full height warehouse area
- Dual level office/showroom
- Mezzanine area of 17 sqm* included
- On-site car parking
- Security gates
- Kitchenette and toilet/shower included

Call your exclusive Knight Frank agents for more information or to set up an inspection.

*approximate

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Property History for 9/8b Railway Ave, Oakleigh, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$610,500
21 Dec 2023
  • 21 Dec 2023
    Sold for $610,500
  • 21 Nov 2023
    Listed for Sale Contact Agent
  • 07 Sep 2011
    Sold for $264,000

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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 5,454 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 16 properties listed for sale, and 13 properties listed for rent in Oakleigh on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Oakleigh.

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