45 Railway Avenue, Oakleigh, VIC 3166 | Property Value & History | OnTheHouse
 
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45 Railway Avenue
Oakleigh VIC 3166

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Last updated 22 Dec 2025
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Property Details for 45 Railway Ave, Oakleigh

45 Railway Ave, Oakleigh is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a floor size of 53m2.

Building Type
Unit
Year Built
2010
Floor Size
53m2
Local Government
Monash

Last Listing description (October 2024)

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.
Note: Stock photography utilised.
Contact James Tan 0450-351-706 jamestan@melbourneC21.com.au

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Property History for 45 Railway Ave, Oakleigh, VIC 3166

A timeline of how this property has performed in the market
Listed for Rent
$350/w
27 Jul 2021
  • 01 Aug 2024
    Listed for Sale $200,000 to $220,000 FOR SALE UNIT 16
  • 21 Jul 2021
    Listed for Rent $350 / week
  • 29 Jan 2020
    Listed for Sale $185,000 to $205,000 SALE ON HOLD
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About 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 17.28% increase in median value, while Units have seen a 9.38% increase. As at 30 November 2025:

  • The median value for Houses in Oakleigh is $1,316,756 while the median value for Units is $650,738.
  • Houses have a median rent of $650 while Units have a median rent of $597.
There are currently 12 properties listed for sale, and 13 properties listed for rent in Oakleigh on OnTheHouse. According to Cotality's data, 223 properties were sold in the past 12 months in Oakleigh.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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