108 Railway PlaceWest Melbourne VIC 3003
Property Details for 108 Railway Pl, West Melbourne
108 Railway Pl, West Melbourne is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1990. The property has a land size of 1007m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (June 2024)
Located on the fringe of Melbourne's CBD, this townhouse offers a comfortable escape for busy individuals seeking easy access to the city center, hospitals, and universities. Currently offering the astute investor a generous yield of nearly 4%. The property showcases a secure entrance, a well-appointed kitchen with gas cooking, and views of the Docklands district. Additional features include a Euro-style laundry, a spacious dining and lounge area that opens onto a charming private garden with secure access to a designated carport. Upstairs, there are two generous bedrooms with built-in wardrobes, and the rear bedroom offers views of the city skyline. The main bathroom, centrally located, includes a shower over a bath and a separate toilet. The townhouse is equipped with heating and cooling, under stair storage, abundance natural light and is conveniently situated just a short stroll from North Melbourne train station, buses, and trams. Popular destinations such as Errol Street, the iconic Queen Victoria Market, and Marvel Stadium are also within a very short walk, making this property truly exceptional.
Property History for 108 Railway Pl, West Melbourne, VIC 3003
- 11 May 2024Sold for $695,000
- 12 Apr 2024Listed for Sale Not Disclosed
- 07 Jul 2020Listed for Rent $475 / week
Recent sales nearby
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About West Melbourne 3003
The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2016 was 5515 people. By 2021 the population was 8025 showing a population growth of 45.5% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation.In 2021, 32.40% of the homes in West Melbourne were owner-occupied compared with 34.50% in 2016.
West Melbourne has 8,464 properties. Over the last 5 years, Houses in West Melbourne have seen a -1.80% decrease in median value, while Units have seen a -0.25% decrease. As at 31 January 2026:
- The median value for Houses in West Melbourne is $1,329,330 while the median value for Units is $512,615.
- Houses have a median rent of $630 while Units have a median rent of $620.
Suburb Insights for West Melbourne 3003
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