OFF MARKET

85 Rail Street
Wandong VIC 3758

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1970m2
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Property Details for 85 Rail St, Wandong

85 Rail St, Wandong is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 1970m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Land Size
1970m2
Local Government
Mitchell
Lot/Plan
9/PS606001

Last Listing description (August 2023)

Proposed 110 place Child Care Centre (STCA)
Modern, single storey proposed childcare centre with onsite parking for 18 vehicles
Located in the Mitchell Shire, where the 2021 population was 49,997. This is forecast to grow to 181,591 by 2041, an increase of 263%. One of the fastest growing areas outside metropolitan Melbourne

High demand for childcare in the Wandong-Wallan catchment with 5.12 children per place
There are currently no long day care centres within a 6km radius of the site
Close proximity to Melbourne and surrounding townships (such as Kilmore and Wallan) for services, facilities, and employment
Ideally positioned less than 500m from a primary school & Wandong's shopping precinct
Less than 1km from Wandong & Heathcote Junction Railway stations
Only a 50-minute drive from Melbourne CBD
Located in Mitchell Shire, Located only 1.2km from a swim school
Wandong train station forms part of the Northeast line, which is currently undergoing a $235m federally funded upgrade that includes faster VLocity services (Victoria's Big build project)
Total site area 1970 SQM (combined childcare and residential)
Lease Term 10 + 10 + 10
Rent Reviews 3.5% fixed annual reviews
Market Reviews - at the expiration of the term

LEASED

Contact Wendy Zhou 0422 011 188 to receive a detailed information memorandum and lease documentation.


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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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Property History for 85 Rail St, Wandong, VIC 3758

A timeline of how this property has performed in the market
Last Sold
$550,000
26 Jul 2022
Listed for Rent
$390/w
25 Oct 2023
  • 12 Dec 2022
    Listed for Sale Contact Agent
  • 12 Dec 2022
    Listed for Rent - Price not available
  • 26 Jul 2022
    Sold for $550,000
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About Wandong 3758

The size of Wandong is approximately 34.6 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Wandong in 2011 was 1,295 people. By 2016 the population was 1,333 showing a population growth of 2.9% in the area during that time. The predominant age group in Wandong is 40-49 years. Households in Wandong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wandong work in a trades occupation. In 2011, 87.4% of the homes in Wandong were owner-occupied compared with 87.1% in 2016.

Wandong has 687 properties. Over the last 5 years, Houses in Wandong have seen a 35.47% increase in median value, while Units have seen a 73.41% increase. As at 31 October 2024:

  • The median value for Houses in Wandong is $883,831 while the median value for Units is $481,801.
There are currently 5 properties listed for sale, and no properties listed for rent in Wandong on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Wandong.

Suburb Insights for Wandong 3758

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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.