Back 16 Leonard Crescent
Off Market

16 Leonard Crescent

Ascot Vale VIC 3032

5
5
3
515 m²
House
Last sold for $1,400,000
Matthew FebeyMatthew Febey, last sold this property on 12 September 2025 after 493 days on market.

Overview

3-in-1 lifestyle/investment opportunity

In a landmark location moments from Flemington Racecourse, Melbourne Showgrounds and the Maribyrnong River, this grand Californian Bungalow currently offers three distinct self-contained zones (5 bedrooms plus 5 bathrooms) making it ideal for larger/extended families and astute investors alike. Owned by the one family since 1950 with strong connections to the racing industry, the home's main accommodation comprises three generous bedrooms (one upstairs with city views) complemented by two ensuites and main central bathroom. Add to this a study, light-filled lounge, formal dining room and granite-bench kitchen. The home also includes a self-contained wing with its own entrance (bedroom, bathroom, living/meals area and kitchen) plus a separate bungalow at the rear complete with kitchenette and ensuite. Other stand-out features include a unique alfresco-style entertaining pavilion, sizeable courtyard and expansive front yard (all on title), plus three separate laundry facilities, remote-control garage/workshop and additional gated parking space. Exceptional inner-urban convenience walking distance to Sugar Beat Cafe, Langs Road buses and Epsom Road trams, local schools and Victoria University, as well as easy access to the vibrant retail precincts of Union Road, Highpoint and Showgrounds Village.

Features

5 bedrooms
5 bathrooms
3 carspaces
515 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Ascot Vale over the last 12 months, the estimated median property value of 16 Leonard Crescent is $2.1m.

Median value
$2.1m
Estimated value range
$1.33m - $2.77m
Median days on market
30
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ascot 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 16 Leonard Crescent

2025
Sold
$1,400,000
Private Sale/Treaty on 12 Sep 2025 by Matthew Febey, of Nelson Alexander Ascot Vale

Happy sellers in Ascot Vale

90%
90% of sellers in Ascot Vale reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Ascot Vale over the last 12 months.

Local market activity for 5 bedroom houses in Ascot Vale

In the last 12 months, 11 five-bedroom houses similar to 16 Leonard Crescent, have been sold.

This represents a 22% increase in five-bedroom houses sales when compared to the previous 12 months.

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