SOLD
Sold on 22 Sep 2023 for $325,000

112 Railway Place
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 1007m2
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Property Details for 112 Railway Pl, West Melbourne

112 Railway Pl, West Melbourne is a 1 bedroom, 1 bathroom Townhouse and was built in 1993. The property has a land size of 1007m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom Townhouse sold in West Melbourne in the last 12 months.

Building Type
Townhouse
Year Built
1993
Floor Size
110m2
Land Size
1007m2
Local Government
Melbourne
Lot/Plan
6/PS326089

Property History for 112 Railway Pl, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$325,000
22 Sep 2023
  • 22 Sep 2023
    Sold for $325,000
  • 28 Dec 2018
    Transferred
  • 12 Mar 1994
    Sold for $145,000

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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 7,555 properties. Over the last 5 years, Houses in West Melbourne have seen a 28.71% increase in median value, while Units have seen a -4.28% decrease. As at 31 July 2024:

  • The median value for Houses in West Melbourne is $1,446,690 while the median value for Units is $517,290.
  • Houses have a median rent of $690 while Units have a median rent of $591.
There are currently 51 properties listed for sale, and 25 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 317 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.