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Asking Price
$1,350,000 - $1,450,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 5-bedroom house at 197 Blossom Park Drive in Mill Park, VIC 3082 is listed at $1.4M to $1.4M by auction, with 4 bathrooms and parking for 3. It offers a 613 m2 block and 339 m2 of internal living space. Mill Park sits about 19 km from the CBD, where the median house price is $855K. Council data shows no flood or bushfire overlay on the site. There are 49 schools within roughly 5km, and the area scores 50 for walkability and 8 for transit out of 100.
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 $1,450,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
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Mill Park at a glance
House market signals | VIC 3082
Median
$855K
Market signals
To CBD
19 km
Est. Valuation
$1,225,465
Potential Sell Price
Est. Rent/wk
$830
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
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $1,450,000
- Stamp Duty (Victoria)
- $79,750
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,534,950
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3082
- Original listing
- Original listing is on paid plans
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