OFF MARKET

1/56 Railway Place
West Melbourne VIC 3003

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 202m2
Land area: 862m2
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Property Details for 1/56 Railway Pl, West Melbourne

1/56 Railway Pl, West Melbourne is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1920. The property has a land size of 862m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last transferred in June 2012.

Building Type
Townhouse
Year Built
1920
Floor Size
202m2
Land Size
862m2
Local Government
Melbourne
Lot/Plan
8/PS637719

Last Listing description (July 2018)

3 or 4 bedroom townhouse on the edge of the city. The fourth bedroom being large enough to use as a second lounge room , super large study or 4th bedroom without built in robes. The others all enjoy built in robes. There is also a generous sized kitchen, meals , lounge area complimented by a balcony & if that isn't enough outdoor space there is a roof top balcony as well. Features include air conditioning throughout, stone top benches to wet areas, two gleaming bathrooms & polished timber floors as well as a lock up garage with room for two cars parked in tandem. Space and quality like this is hard to come by & this is the first time this property has been offered for lease in 6 years, still presenting in pristine condition. For an inspection please call Adam on 0416102725

Property History for 1/56 Railway Pl, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Transferred
19 Jun 2012
Listed for Rent
$920/w
10 Jul 2018
  • 30 May 2018
    Listed for Rent - Price not available
  • 19 Jun 2012
    Transferred

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About West Melbourne 3003

The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2011 was 3,743 people. By 2016 the population was 5,511 showing a population growth of 47.2% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation. In 2011, 38.9% of the homes in West Melbourne were owner-occupied compared with 34.5% in 2016.

West Melbourne has 7,488 properties. Over the last 5 years, Houses in West Melbourne have seen a -1.86% decrease in median value, while Units have seen a -13.07% decrease. As at 31 October 2024:

  • The median value for Houses in West Melbourne is $1,222,199 while the median value for Units is $498,499.
  • Houses have a median rent of $660 while Units have a median rent of $600.
There are currently 57 properties listed for sale, and 45 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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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.