OFF MARKET

2 Railway Avenue
Tynong VIC 3813

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 568m2
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Property Details for 2 Railway Ave, Tynong

2 Railway Ave, Tynong is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 568m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1960
Land Size
568m2
Local Government
Cardinia
Lot/Plan
1/PS746722

Last Listing description (February 2021)

A Spacious family home plus a separate self contained unit.

Perfectly configured for home owners, extended family and investors alike, this 570m2 (approx..) corner allotment offers a blue chip opportunity par excellent.
Offering two separate dwellings, both with private entries, comprising of a self-contained one bedroom unit and a very spacious three bedroom home, this is a dream opportunity come true.


Light, bright and spacious the family home (currently leased) offers three double sized bedrooms (main bedroom with full ensuite bathroom), a well planned kitchen with hostess appliances, both formal and informal living areas, family bathroom and laundry, all with the luxury of ducted heating, split air-conditioning, and a massive 4.5Kw solar array to keep power bills well in check. Outside, a large covered outdoor living area will draw you outdoors. There is also a low maintenance, secure back yard and a single car garage.

Right next door, yet fully separate also with its own private entry is a spacious, fully renovated one bedroom unit (also tenanted) offering a large living area, a well planned, galley style kitchen with electric appliances and a large walk in pantry, complete with a new bathroom/ laundry combo, and a sunny, private rear courtyard.

Centrally located in the tight knit rural town of Tynong, there is easy access to V-Line train (with Metro Rail interchange at Pakenham), the M1 Freeway, major shopping and service hubs at Pakenham and Fountain Gate, sporting facilities and schools.

In essence, a highly desirable dual living opportunity for family, extended family or an amazing investment opportunity with an eye to continued capital growth in the area. Inspect with absolute confidence.

Property History for 2 Railway Ave, Tynong, VIC 3813

A timeline of how this property has performed in the market
Last Sold
$590,000
30 Jan 2021
Listed for Rent
$390/w
10 May 2018
  • 30 Jan 2021
    Sold for $590,000
  • 01 Dec 2020
    Listed for Sale $580,000 - $630,000
  • 05 Apr 2018
    Listed for Rent - Price not available
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About Tynong 3813

The size of Tynong is approximately 21.3 square kilometres. The population of Tynong in 2011 was 684 people. By 2016 the population was 436 showing a population decline of 36.3% in the area during that time. The predominant age group in Tynong is 50-59 years. Households in Tynong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tynong work in a trades occupation. In 2011, 79.6% of the homes in Tynong were owner-occupied compared with 80.6% in 2016.

Tynong has 275 properties. Over the last 5 years, Houses in Tynong have seen a 32.01% increase in median value. As at 30 November 2024:

  • The median value for Houses in Tynong is $882,739 while the median value for Units is $638,139.
  • Houses have a median rent of $345.
There are currently 6 properties listed for sale, and no properties listed for rent in Tynong on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Tynong.

Suburb Insights for Tynong 3813

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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.