56 Foster St, Railton is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 2034m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Railton in the last 12 months.
If you've been searching for an affordable way to enter the property market, this three-bedroom home in the peaceful township of Railton could be the opportunity you've been waiting for.Set on a generous 2,034m (approx.) allotment, the property offers plenty of space and endless potential. While the home requires significant renovation, it provides the perfect chance to move in, update at your own pace, and create a home that reflects your vision and style.Outside, the property includes a small garage and a carport, with ample room for further improvements or landscaping (STCA).Conveniently located close to Railton's popular mountain bike trails, local shops and the Primary School, the property also offers easy access to both Latrobe and Sheffield, making it an excellent option for those seeking a quieter lifestyle without sacrificing convenience.There's no denying this home needs work, but opportunities at this price point are becoming increasingly rare. Whether you're a first-home buyer, renovator or investor looking for your next project, this is a property well worth your inspection.All information provided is deemed reliable but is not guaranteed and should be independently verified. Property measurements, including square footage, room dimensions, and land size, are approximate and may vary.Buyers are encouraged to conduct their own inspections and due diligence to confirm the accuracy of all details.
The size of Railton is approximately 70.9 square kilometres. There are 5 parks, covering nearly 30.2% of the total area. The population of Railton in 2016 was 997 people. By 2021 the population was 1079 showing a population growth of 8.2% in the area during that time. The predominant age group in Railton is 50-59 years. Households in Railton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Railton work in a trades occupation.In 2021, 80.10% of the homes in Railton were owner-occupied compared with 79.70% in 2016.
Railton has 571 properties. Over the last 5 years, Houses in Railton have seen a 50.54% increase in median value. As at 31 July 2026:
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