Back 126/1 Ascot Vale Road
Off Market

126/1 Ascot Vale Road

Flemington VIC 3031

1
1
44 m²
Apartment
Last sold for $300,000
Alex EdwardsAlex Edwards, last sold this property on 25 September 2025 after 49 days on market.

Overview

Investing made easy in fabulous Flemington

In the landmark ONLY building renowned for its world-class residents' facilities, this first-floor apartment is sure to make an impression with its quality inclusions, rewarding returns and close proximity to the area's key lifestyle attractions. Current lease expires 20/09/2027 plus 3 further 5-year terms (Quest has the option to renew) These terms are set to commence September 21st in 2027, 2032 and 2037 respectively Rent is increased annually (on September 21) in accordance with CPI for that period At the start of any further term, the rent will be set according to market rent review Current rental income is $1,750 PCM Property Outgoings: Owners Corporation - $3,086 per annum Council Rates - $902 per annum Water Rates - $737 per annum Please note these figures are approximate, please do your own due diligence. Inside, you'll find an on-trend interior comprising a sizeable bedroom with built-in robes serviced by a stylish central bathroom complete with stone-top vanity and fully-tiled shower. Add to this a well-proportioned open living/dining area accompanied by a stone-top kitchen with soft-close cabinetry, quality cooking appliances, integrated dishwasher and concealed fridge space. Other highlights include an enclosed balcony, split-system heating/cooling, double-glazed windows and discreet laundry facilities, plus a secure foyer with fob entry. Complementing this terrific investment package are the building's exclusive amenities including private rooftop pool, gymnasium, entertaining suites, spacious lounge areas, library, gardens and BBQ facilities. City-bound trams at your doorstep and Melbourne's iconic Flemington Racecourse across the road, it's also close to Newmarket Station, along with popular cafes, bars and restaurants, along with specialty shops and major supermarkets. Note: Inspections via private appointment only.

Features

1 bedroom
1 bathroom
44 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Flemington over the last 12 months, the estimated median property value of 126/1 Ascot Vale Road is $370k.

Median value
$370k
Estimated value range
$236.5k - $455k
Median days on market
33
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Flemington. 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 126/1 Ascot Vale Road

2025
Sold
$300,000
Private Sale/Treaty on 25 Sep 2025 by Alex Edwards, of Nelson Alexander Flemington

Happy sellers in Flemington

88%
88% of sellers in Flemington reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in Flemington over the last 12 months.

Local market activity for 1 bedroom apartments in Flemington

In the last 12 months, 51 one-bedroom apartments similar to 126/1 Ascot Vale Road, have been sold.

This represents a 15% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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