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This property has been sold for $450,000 on 30 July 2026

105 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (July 2026)
$415,000(+8%)

Listing journey

Essentials

This property went through 1 price reduction over 105 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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1209/270 King St, Melbourne, VIC, 3000

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Asking Price

$479,000

2 Beds1 Baths1 Cars
Land: 1,362 m2
Floor: 75 m2

Property overview

This 2-bedroom unit at 1209/270 King St in Melbourne, VIC 3000 sold for $450K in July 2026, with 1 bathroom and parking for 1. It offers 75 m2 of internal living space. Council data shows no flood or bushfire overlay on the site. 121 schools sit within about 5km, and the area scores 96 for walkability and 100 for transit out of 100.

For sale now

Recently sold nearby

Signal summary

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 $479,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

105

Latest price change

$499,000 to $479,000

Investment Score

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Est. Valuation

$455,779

Potential Sell Price

Est. Rent/wk

$741

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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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

CCZ1Capital City Zone 1

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Currently leased at $750/wk
Council rates $700/yrStrata $6,747/yrest. net yield 6.59%

Total Cost to Purchase

Purchase Price
$479,000
Stamp Duty (Victoria)
$23,810
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$507,010

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
High Density
Listed
Last Updated
Postcode
3000

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