4/40 Railway Parade

Off Market

4/40 Railway Parade

Pascoe Vale VIC 3044

151 m²

Townhouse

Last sold for $792,000

Michael Keogh, last sold this property on 20 September 2026 after 74 days on market.

Overview

Surprising space in prime parkland setting

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.

Features

3 bedrooms

2 bathrooms

1 carspace

151 m² lot size

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Pascoe Vale over the last 12 months, the estimated median property value of 4/40 Railway Parade is $840k.

Median value

$840k

Estimated value range

$590k - $1.05m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Pascoe Vale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/40 Railway Parade

2026

Sold

$792,000

Private Sale/Treaty on 20 Sep 2026 by Michael Keogh, of Nelson Alexander Pascoe Vale

2022

Rented

Undisclosed

Leased on 28 Jul 2022 by Grantham Real Estate Brunswick

2011

Sold

Undisclosed

Auction Sale on 22 Oct 2011

Happy sellers in Pascoe Vale

94%

94% of sellers in Pascoe Vale reported that their sale price either exceeded or met their price expectations.

Pascoe Vale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Pascoe Vale over the last 12 months.

Local market activity for 3 bedroom townhouses in Pascoe Vale

In the last 12 months, 71 three-bedroom townhouses similar to 4/40 Railway Parade, have been sold.

This represents a 27% increase in three-bedroom townhouses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Pascoe Vale for a free market appraisal.

Rhys Afford

at McDonald Upton

(138 reviews)

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Kate Kennedy

at McDonald Upton

(36 reviews)

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Michael Chan

at McGrath Coburg / Brunswick

4.9

(282 reviews)

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Kevin Nguyen

at RT Edgar Northside

(20 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Pascoe Vale

Rhys Afford

Sellers who recommend Rhys Afford have praised them for being clear communication, local expert, friendly, responsive, honest, supportive and reliable