4/40 Railway Parade, Pascoe Vale, VIC 3044 sold on 20 September 2026 | OnTheHouse
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Sold on 20 Sep 2026 for $792,000

4/40 Railway Parade
Pascoe Vale VIC 3044

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 166m2
Land area: 151m2
Sold By
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Nelson Alexander - Pascoe Vale
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Property Details for 4/40 Railway Pde, Pascoe Vale

4/40 Railway Pde, Pascoe Vale is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2000. The property has a land size of 151m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom Townhouse sold in Pascoe Vale in the last 12 months.

Building Type
Townhouse
Year Built
2000
Floor Size
166m2
Land Size
151m2
Local Government
Merri-Bek
Lot/Plan
4/PS413967

Last Listing description (October 2026)

Nestled at the rear of the block and backing onto the open green spaces of Austin Crescent Reserve, this double-storey townhouse offers a peaceful setting in a superbly convenient location. It combines a spacious floorplan with abundant natural light to provide a compelling low-maintenance lifestyle opportunity.Instantly appealing with value-adding potential, the homes inviting interior comprises the main bedroom with WIR and its own ensuite, as well as two additional bedrooms (BIRs), central bathroom with full-size tub and guest powder room (3rd WC).Enhancing its versatility is a study alcove (upstairs) and expansive open-plan living/dining area adjoined by a neat kitchen that comes complete with dishwasher and modern cooking appliances.Ducted heating and evaporative cooling add to the appeal, along with solid hardwood floors, full laundry, handy under-stair storage space and the energy efficiency of solar power.Step outside to discover a sizeable wrap-around courtyard ideal for relaxing or entertaining with retractable awning, high fences for privacy and direct access to the park, plus the added advantage of a lock-up garage.A short stroll to Pascoe Vale Station along with Gaffney Street shops and cafes, its also close to popular schools (zoned to Strathmore SC) and choice of bus routes, as well as easy access to Citylink.

Property History for 4/40 Railway Pde, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$792,000
20 Sep 2026
Listed for Rent
$495/w
28 Jul 2022
  • 20 Sep 2026
    Sold for $792,000
  • 08 Jul 2026
    Listed for Sale Under Offer
  • 06 Jun 2022
    Listed for Rent $495 / week
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About Pascoe Vale 3044

The size of Pascoe Vale is approximately 4.9 square kilometres. There are 22 parks, covering nearly 7.4% of the total area. The population of Pascoe Vale in 2016 was 17051 people. By 2021 the population was 18171 showing a population growth of 6.6% in the area during that time. The predominant age group in Pascoe Vale is 30-39 years. Households in Pascoe Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale work in a professional occupation.In 2021, 62.50% of the homes in Pascoe Vale were owner-occupied compared with 63.10% in 2016.

Pascoe Vale has 10,114 properties. Over the last 5 years, Houses in Pascoe Vale have seen a -0.94% decrease in median value, while Units have seen a -1.12% decrease. As at 31 August 2026:

  • The median value for Houses in Pascoe Vale is $1,122,321 while the median value for Units is $656,820.
  • Houses have a median rent of $645 while Units have a median rent of $560.
There are currently 34 properties listed for sale, and 16 properties listed for rent in Pascoe vale on OnTheHouse. According to Cotality's data, 520 properties were sold in the past 12 months in Pascoe vale.

Suburb Insights for Pascoe Vale 3044

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.