OFF MARKET

1/116 Raleigh Street
Westmeadows VIC 3049

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 316m2
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Property Details for 1/116 Raleigh St, Westmeadows

1/116 Raleigh St, Westmeadows is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 316m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
1960
Floor Size
122m2
Land Size
316m2
Local Government
Hume
Lot/Plan
1/PS622538

Last Listing description (July 2020)

Easy-living excellence in the very heart of Westmeadows. With the Westmeadows Village a short stroll away, this impeccable front home sure sets itself apart with its well-proportioned rooms, distinctive features and abundance of natural light throughout making it a perfect choice for first-time buyers, young families, investors and down-sizers alike.

Immaculately presented, the home's oversized interior boasts three generous bedrooms with built-in robes, together with a central bathroom, full-sized laundry and separate toilet. Vast and versatile separate large L-Shape living/dining area with gas fire place, separate kitchen area including freestanding stove and dishwasher. Other highlights of this fabulous home include hard wood timber floors, ducted heating, and evaporate cooling, plus a private rear courtyard, remote-control lock up carport and additional driveway parking space. A must see property at this price will not last very long.

Settlement Terms: 30,60,90 day settlement with tenancy or with vacant possession settlement January 20th 2021. Tenants are currently paying $640.00 a fortnight

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Property History for 1/116 Raleigh St, Westmeadows, VIC 3049

A timeline of how this property has performed in the market
Last Sold
$495,000
24 Jul 2020
  • 24 Jul 2020
    Sold for $495,000
  • 06 Jul 2020
    Listed for Sale Auction
  • 22 Feb 2019
    Transferred

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About Westmeadows 3049

The size of Westmeadows is approximately 4.8 square kilometres. It has 12 parks covering nearly 33.6% of total area. The population of Westmeadows in 2011 was 5,522 people. By 2016 the population was 5,846 showing a population growth of 5.9% in the area during that time. The predominant age group in Westmeadows is 20-29 years. Households in Westmeadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Westmeadows work in a clerical occupation. In 2011, 77.2% of the homes in Westmeadows were owner-occupied compared with 74.1% in 2016.

Westmeadows has 3,279 properties. Over the last 5 years, Houses in Westmeadows have seen a 11.22% increase in median value, while Units have seen a 21.78% increase. As at 30 November 2024:

  • The median value for Houses in Westmeadows is $701,926 while the median value for Units is $563,991.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Westmeadows on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Westmeadows.

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