SOLD
Sold on 08 Dec 2023 for $365,000

5/242 Union Road
Ascot Vale VIC 3032

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 246m2
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Alex Puglia
Belle Property Ascot Vale
Andy Lusi
Belle Property Ascot Vale
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Property Details for 5/242 Union Rd, Ascot Vale

5/242 Union Rd, Ascot Vale is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 246m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Ascot Vale in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
51m2
Land Size
246m2
Local Government
Moonee Valley
Lot/Plan
5/PS703330

Last Listing description (November 2023)

Perfect for the first time buyer or investor!

2 Apartments for sale: 4&5/242 UNION ROAD, ASCOT VALE

These charming modern apartments are only 12 years old and offer private, secure, and quiet living in a block of only three residential apartments in the heart of Ascot Vale....

For the investor this is a unique opportunity as each apartment represents 20% of this prime land at 242 Union Road, OC fees less than $2,000 pa, excellent depreciation deductions, and high rental demand.

The open-plan living and dining areas are filled with natural light, creating a warm and inviting atmosphere. The kitchens are well-equipped with modern appliances, making them a delight for cooking enthusiasts. The bedrooms are spacious and feature ample storage with a modern bathroom. Both apartments contain split system heating and cooling.With a convenient location like this, you will have easy access to local amenities, parks, and public transportation, making them an ideal choice for singles or couples seeking a convenient and modern lifestyle.

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Property History for 5/242 Union Rd, Ascot Vale, VIC 3032

A timeline of how this property has performed in the market
Last Sold
$365,000
08 Dec 2023
Listed for Rent
$260/w
22 Oct 2021
  • 08 Dec 2023
    Sold for $365,000
  • 13 Oct 2023
    Listed for Sale $330,000 - $360,000
  • 20 Sep 2021
    Listed for Rent $260 / week
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About Ascot Vale 3032

The size of Ascot Vale is approximately 3.8 square kilometres. It has 16 parks covering nearly 20.3% of total area. The population of Ascot Vale in 2011 was 13,476 people. By 2016 the population was 14,742 showing a population growth of 9.4% in the area during that time. The predominant age group in Ascot Vale is 30-39 years. Households in Ascot Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot Vale work in a professional occupation. In 2011, 56.7% of the homes in Ascot Vale were owner-occupied compared with 55.5% in 2016.

Ascot Vale has 8,276 properties.

    There are currently 25 properties listed for sale, and 19 properties listed for rent in Ascot vale on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Ascot vale.

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