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Back 5/242 Union Road
Off Market

5/242 Union Road

Ascot Vale VIC 3032

1
1
Apartment
Last sold for $365,000
Andrew LusiAndrew Lusi, last sold this property on 06 December 2023 after -35 days on market.

Overview

Convenient, Modern, Secure and Quiet Living or Unique Investor Opportunity

Perfect for the first time buyer or investor! This charming modern apartment is only 12 years old and offers 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 kitchen is well-equipped with modern appliances, making it a delight for cooking enthusiasts. The bedroom is spacious and features ample storage with a modern bathroom. The apartment contains split system heating and cooling. With a convenient location like this, you will have easy access to local amenities, parks, and public transportation, making it an ideal choice for singles or couples seeking a convenient and modern lifestyle.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Ascot Vale over the last 12 months, the estimated median property value of 5/242 Union Road is $327.5k.

Median value
$327.5k
Estimated value range
$232.5k - $430k
Median days on market
20
Estimated value trend
2%
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 5/242 Union Road

2023
Sold
$365,000
Private Sale/Treaty on 06 Dec 2023 by Andrew Lusi, of Belle Property Ascot Vale
2021
Rented
Undisclosed
Leased on 19 Oct 2021 by McDonald Upton

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 1 bedroom apartments in Ascot Vale

In the last 12 months, 24 one-bedroom apartments similar to 5/242 Union Road, have been sold.

This represents a 8% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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David Mogford

Sellers who recommend David Mogford have praised them for being local expert and clear communication

  •   5   (23 reviews)
  •  4 Reviews in Ascot Vale
  •  8 Sales in Ascot Vale
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Lou Rendina

Sellers who recommend Lou Rendina have praised them for being local expert, clear communication, supportive, reliable, responsive, honest and great auctioneer

  •   5   (150 reviews)
  •  2 Reviews in Ascot Vale
  •  4 Sales in Ascot Vale
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Georgie Maggs

Sellers who recommend Georgie Maggs have praised them for being clear communication, local expert, friendly, dedicated, reliable, trustworthy and pleasant

  •   4.8   (66 reviews)
  •  2 Reviews in Ascot Vale
  •  3 Sales in Ascot Vale
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Matthew Iaco

Matthew Iaco is a recommended agent for Ascot Vale.  They have collected 2 local reviews across the last 12 months.

  •   5   (25 reviews)
  •  2 Reviews in Ascot Vale
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