SOLD
Sold on 08 Apr 2024 for $600,000

1/28 Raeburn Street
Pascoe Vale VIC 3044

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 171m2
Sold By
Nelson Alexander Pascoe Vale
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Property Details for 1/28 Raeburn St, Pascoe Vale

1/28 Raeburn St, Pascoe Vale is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1960. The property has a land size of 171m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Townhouse sold in Pascoe Vale in the last 12 months.

Building Type
Townhouse
Year Built
1960
Floor Size
90m2
Land Size
171m2
Local Government
Merri-Bek
Lot/Plan
1/RP2171

Last Listing description (April 2024)

In the heart of Pascoe Vale with Raeburn Reserve directly across the road, this rear villa (1 of only 4) is perfect for first-time buyers and investors alike with its generous dimensions, immediate comfort and terrific renovation potential.

Filled with natural light, the instantly enjoyable interior comprises two bedrooms (large master) both with built-in robes, as well as an original central bathroom and separate WC. Add to this a front living/meals area adjoined by a neat kitchen complete with breakfast bar, gas cooktop and modern oven. Other highlights of this value-packed villa include ducted heating and split-system a/c for year-round comfort, solid hardwood floors and full-size laundry. Step outside to discover a sizeable north-facing courtyard with undercover patio, plus handy garden shed and undercover parking space.

Derby Street bus stop around the corner, it's also walking distance to popular cafes and Coburg North Shopping Village, as well as easy access to local schools (Strathmore SC zone), Pascoe Vale Station and Citylink.

Property History for 1/28 Raeburn St, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$600,000
08 Apr 2024
Listed for Rent
$380/w
13 Feb 2018
  • 08 Apr 2024
    Sold for $600,000
  • 04 Apr 2024
    Listed for Sale Under Offer
  • 30 Jan 2018
    Listed for Rent $380 / week
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About Pascoe Vale 3044

The size of Pascoe Vale is approximately 4.9 square kilometres. It has 22 parks covering nearly 7.4% of total area. The population of Pascoe Vale in 2011 was 14,886 people. By 2016 the population was 17,038 showing a population growth of 14.5% in the area during that time. The predominant age group in Pascoe Vale is 30-39 years. Households in Pascoe Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale work in a professional occupation. In 2011, 67.7% of the homes in Pascoe Vale were owner-occupied compared with 63.1% in 2016.

Pascoe Vale has 9,827 properties. Over the last 5 years, Houses in Pascoe Vale have seen a 17.26% increase in median value, while Units have seen a 10.85% increase. As at 31 October 2024:

  • The median value for Houses in Pascoe Vale is $1,051,180 while the median value for Units is $640,849.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 50 properties listed for sale, and 15 properties listed for rent in Pascoe vale on OnTheHouse. According to CoreLogic's data, 514 properties were sold in the past 12 months in Pascoe vale.

Suburb Insights for Pascoe Vale 3044

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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.