16/41 Railway AvenueOakleigh VIC 3166
Property Details for 16/41 Railway Ave, Oakleigh
16/41 Railway Ave, Oakleigh is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 1086m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Last Listing description (March 2025)
SOLD BY JAMES TAN CENTURY 21 PROPERTY GROUP 0451-351-706
Newly renewed lease, this apartment is perfect for investors seeking a secured long lease, of approx. $16,164.00 per annum, or for the owner-occupier to move in at the expiry of the lease on 23/04/2025. This studio apartment has been designed purely with lifestyle in mind – from its surprising space and features to its convenient location, this one will impress occupiers and investors alike. This second-floor apartment features a neat bathroom complete with provision for laundry and open plan living leading to a spacious private balcony. The kitchen features stone topped benches, electric cook-top and oven, built in dishwasher and ample cabinets and storage space. A built-in-robe, study nook and split heating/cooling system and intercom completes the package. With shops, cafes, buses and trains at your immediate disposal and Monash University, central Oakleigh and Chadstone shopping centre all just minutes away, this very affordable property is not to be missed.
Property History for 16/41 Railway Ave, Oakleigh, VIC 3166
- 24 Jan 2025Listed for Sale RECENT SALES
- 09 Jan 2025Sold for $190,000
- 01 Aug 2024Listed for Sale $200,000 to $220,000
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0About Oakleigh 3166
The size of Oakleigh is approximately 3.5 square kilometres. It has 11 parks covering nearly 10.8% of total area. The population of Oakleigh in 2016 was 7893 people. By 2021 the population was 8442 showing a population growth of 7.0% in the area during that time. The predominant age group in Oakleigh is 20-29 years. Households in Oakleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh work in a professional occupation.In 2021, 62.70% of the homes in Oakleigh were owner-occupied compared with 64.40% in 2016.
Oakleigh has 5,620 properties. Over the last 5 years, Houses in Oakleigh have seen a 16.91% increase in median value, while Units have seen a 3.16% increase. As at 31 December 2025:
- The median value for Houses in Oakleigh is $1,300,175 while the median value for Units is $641,307.
- Houses have a median rent of $650 while Units have a median rent of $600.
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