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This property has been sold for $642,500 on 25 Mar 2026
22 days on market
PropRadar's estimate today
$563,740
Range $513,442 to $615,315
Estimated rent $645 per week
Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.
Market context at sale
Asking Price
$600,000 - $635,000
Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.
Property overview
This 2-bedroom apartment at 203/1020 Mt Alexander Road in Essendon, VIC 3040 sold for $643K in March 2026, with 2 bathrooms and parking for 1. Essendon sits about 8.4 km from the CBD, where the median unit price is $610K. 78 schools sit within about 5km, and the area scores 71 for walkability and 100 for transit out of 100.
More in Essendon
For sale now
- 3.04/1009 Mt Alexander RoadApartment · 3 bed · 2 bath$2,200,000
- 5.06/1009 Mt Alexander RoadApartment · 3 bed · 2 bath$2,850,000
- 6.01/1009 Mt Alexander RoadApartment · 3 bed · 2 bath$2,950,000
- 4.01/1009 Mt Alexander RoadApartment · 3 bed · 2 bath$2,350,000
Recently sold nearby
- 211/1044-1046 Mt Alexander RoadApartment · 2 bed · 1 bath · Sept 2026Sold $587,500
- 315/1050 Mt Alexander RoadApartment · 2 bed · 2 bath · Aug 2026Sold $530,000
- 311/36 Collins StreetApartment · 2 bed · 2 bath · Sept 2026Sold $530,000
- 206/40 Collins StreetApartment · 2 bed · 1 bath · Sept 2026Sold $463,000
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $635,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
22
Investment Score
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Essendon at a glance
Unit market signals | VIC 3040
Median
$610K
Market signals
To CBD
8 km
Est. Valuation
$567,033
Potential Sell Price
Est. Rent/wk
$629
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $635,000
- Stamp Duty (Victoria)
- $33,170
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $672,370
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 3040
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