108 Railway Pl, West Melbourne is a 2 bedroom, 1 bathroom House and was built in 1990. The property has a land size of 1007m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in West Melbourne in the last 12 months.
Located on the fringe of Melbourne's CBD, this townhouse offers a comfortable escape for busy individuals seeking easy access to the city center, hospitals, and universities. Currently offering the astute investor a generous yield of nearly 4%. The property showcases a secure entrance, a well-appointed kitchen with gas cooking, and views of the Docklands district. Additional features include a Euro-style laundry, a spacious dining and lounge area that opens onto a charming private garden with secure access to a designated carport. Upstairs, there are two generous bedrooms with built-in wardrobes, and the rear bedroom offers views of the city skyline. The main bathroom, centrally located, includes a shower over a bath and a separate toilet. The townhouse is equipped with heating and cooling, under stair storage, abundance natural light and is conveniently situated just a short stroll from North Melbourne train station, buses, and trams. Popular destinations such as Errol Street, the iconic Queen Victoria Market, and Marvel Stadium are also within a very short walk, making this property truly exceptional.
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 7,562 properties.
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