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4/40 Railway Parade, Pascoe Vale$797,500
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For Saletownhouse

4/40 Railway Parade

Pascoe Vale, VIC 3044, Australia
$775,000 – $820,000
3 bed 2 bath 1 car151 m²

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About this property

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 home's 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, it's also close to popular schools (zoned to Strathmore SC) and choice of bus routes, as well as easy access to Citylink.

Property Details

Property Type
townhouse
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
151 m²
Listed
1 week ago

Repayment calculator

$3,866/month
$1,933 /fortnight
Loan $638,000 at 6.10% over 30 years

Upfront costs

Deposit$159,500
Stamp duty$42,920
Conveyancing (est.)$2,000
Total upfront$204,420
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Pascoe Vale

This 3-bedroom townhouse in Pascoe Vale, VIC 3044 sits within reach of public transport, local shops and nearby schools. It is listed 15% below the $935,000 median of 53 comparable townhouseswithin 5 km.

Schools near Pascoe Vale

  • Pascoe Vale North Primary Schoolprimary · Prep-6 · CoEd
  • Pascoe Vale Primary Schoolprimary · Prep-6 · CoEd
  • St Oliver Plunkett's Schoolprimary · Prep-6 · CoEd
  • Westbreen Primary Schoolprimary · Prep-6 · CoEd
  • Pascoe Vale Girls Secondary Collegesecondary · 7-12 · Girls

What's nearby

  • Pascoe Vale Station/Railway Parade (bus)152 m away
  • Pascoe Vale Day and Night Chemist221 m away
  • Unnamed127 m away
  • Austin Crescent Reserve152 m away
  • Bert Payne Reserve196 m away

Pascoe Vale at a glance

Full suburb profile
Population
18,171
Median age
36
Household income
$2,025/wk
Median rent
$400/wk
Median mortgage
$2,100/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Pascoe Vale price trend

Median sold · House 3 bed

Compound growth +0.8% / yr over 4 yrs

$970kcurrent median

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Price history

Price history

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1 price change recorded for this property

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