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Sold on 17 Jun 2024 for $360,000

507/1 Ascot Vale Road
Flemington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 507/1 Ascot Vale Rd, Flemington

507/1 Ascot Vale Rd, Flemington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Flemington in the last 12 months.

Building Type
Unit
Local Government
Moonee Valley
Lot/Plan
507/PS732002

Last Listing description (June 2024)

Introducing a new standard of luxury living with unparalleled city views, this extraordinary single-bedroom apartment redefines urban sophistication. Situated in an exclusive enclave, this residence offers access to an array of world-class amenities including a rooftop swimming pool, lounge, BBQ area, gymnasium, entertainers' suites, library, and serene gardens - providing a lifestyle of opulence and leisure.

Positioned opposite Flemington Racecourse and mere steps away from the vibrant energy of Newmarket, this apartment epitomizes contemporary living while presenting exceptional investment potential.

The heart of this home is a sleek, stone-topped kitchen seamlessly integrated into an open-plan dining/living area, leading out to a terrace bathed in morning sunlight, offering an idyllic setting for leisurely breakfasts or tranquil moments with a coffee, all against the backdrop of breathtaking city and racecourse vistas.

The generously proportioned bedroom features built-in robes and a built-in desk, ensuring both comfort and functionality. Security is paramount, with video entry, secure basement parking, and storage, complemented by a fob-activated elevator. Additional comforts include split system heating and air conditioning.

Step outside to explore an array of local cafes, dining establishments, and boutiques, while city-bound trams and Newmarket Railway Station provide seamless connectivity. With Flemington Racecourse and Melbourne Showgrounds within walking distance and easy access to Citylink, this apartment offers the ultimate in convenience and lifestyle. Experience the epitome of urban living with unmatched city views - seize this opportunity to elevate your lifestyle today!

Currently tenanted $1868 Per Month!!
Contact Sunil Gera 0430 200 150 or Sunny Chopra on 0420 344 444 to book a private inspection.

Property History for 507/1 Ascot Vale Rd, Flemington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$360,000
17 Jun 2024
Listed for Rent
$400/w
13 Jan 2023
  • 30 May 2024
    Sold for $360,000
  • 09 Apr 2024
    Listed for Sale Under Contract
  • 13 Jan 2023
    Listed for Rent $400 / week
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About Flemington 3031

The size of Flemington is approximately 2.9 square kilometres. It has 13 parks covering nearly 5.2% of total area. The population of Flemington in 2011 was 7,528 people. By 2016 the population was 7,721 showing a population growth of 2.6% in the area during that time. The predominant age group in Flemington is 20-29 years. Households in Flemington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flemington work in a professional occupation. In 2011, 34.5% of the homes in Flemington were owner-occupied compared with 33.4% in 2016.

Flemington has 4,864 properties. Over the last 5 years, Houses in Flemington have seen a 9.38% increase in median value, while Units have seen a -4.28% decrease. As at 31 October 2024:

  • The median value for Houses in Flemington is $1,164,189 while the median value for Units is $416,840.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Flemington on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Flemington.

Suburb Insights for Flemington 3031

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Sunil Gera
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Sunny Chopra
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RELIANCE REAL ESTATE MELTON
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.