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This property has been sold for $650,500 on 23 Feb 2026
20 days on market
PropRadar's estimate today
$643,477
Range $566,317 to $747,931
Estimated rent $760 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
$665,000
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 308/2 Rouse Street in Port Melbourne, VIC 3207 sold for $651K in February 2026, with 1 bathroom and parking for 1. Port Melbourne sits about 4.2 km from the CBD, where the median unit price is $740K. There are 69 schools within roughly 5km, and the area scores 84 for walkability and 90 for transit out of 100.
More in Port Melbourne
For sale now
- 315/232-242 Rouse StreetApartment · 2 bed · 2 bath$595,000 - $635,000
- 304/216 Rouse StreetApartment · 2 bed · 2 bath$595,000 - $630,000
- 125/232 Rouse StreetApartment · 1 bed · 1 bath$425,000 - $445,000
- 603D/134 Rouse StreetApartment · 2 bed · 2 bath$1,350,000
Recently sold nearby
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 $665,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
20
Investment Score
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Port Melbourne at a glance
Unit market signals | VIC 3207
Median
$740K
Market signals
To CBD
4 km
Est. Valuation
$627,500
Potential Sell Price
Est. Rent/wk
$662
Potential Gross Yield
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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
- $665,000
- Stamp Duty (Victoria)
- $34,970
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $704,170
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 3207
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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