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This property has been sold for $520,000 on 8 May 2026
25 days on market
PropRadar's estimate today
$584,978
Range $524,911 to $696,340
Estimated rent $620 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
$500,000 - $550,000
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 404V/162 Albert Street in East Melbourne, VIC 3002 sold for $520K in May 2026, with 1 bathroom and parking for 1. East Melbourne sits about 2.0 km from the CBD, where the median unit price is $705K. There are 135 schools within roughly 5km, and the area scores 93 for walkability and 100 for transit out of 100.
More in East Melbourne
For sale now
- 901V/162 Albert StreetApartment · 2 bed · 1 bath$550,000 - $570,000
- 611/162 Albert StreetApartment · 2 bed · 1 bath$465,000 - $495,000
- 72/190 Albert StreetApartment · 3 bed · 2 bath$1,800,000
- 250 Albert StreetApartment · 2 bed · 2 bathContact agent
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 $550,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
25
Investment Score
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East Melbourne at a glance
Unit market signals | VIC 3002
Median
$705K
Market signals
To CBD
2 km
Est. Valuation
$570,000
Potential Sell Price
Est. Rent/wk
$680
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
- $550,000
- Stamp Duty (Victoria)
- $28,070
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $582,270
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3002
- Original listing
- Original listing is on paid plans
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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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