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This property has been sold for $230,000 on 17 Feb 2026

18 days on market

PropRadar's estimate today

$375,152

Range $305,286 to $467,778

Estimated rent $475 per week

Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.

Market context at sale

RBA cash rate
3.83%

53/6-8 Glen Eira Road, Ripponlea, VIC, 3185

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Asking Price

$220,000 - $240,000

Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.

1 Beds1 Baths1 Cars
Land: 38 m2

Property overview

This 1-bedroom apartment at 53/6-8 Glen Eira Road in Ripponlea, VIC 3185 sold for $230K in February 2026, with 1 bathroom and parking for 1. Ripponlea sits about 7.5 km from the CBD, where the median unit price is $460K. 94 schools sit within about 5km, and the area scores 87 for walkability and 99 for transit out of 100.

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 $240,000 asking signal.

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

Listed

Updated

Days on market

18

Investment Score

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Ripponlea at a glance

Unit market signals | VIC 3185

Full suburb profile

Median

$460K

Market signals

To CBD

8 km

Est. Valuation

$248,523

Potential Sell Price

Est. Rent/wk

$396

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

Priced 48% below suburb median
Vacancy rate 1.1%
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Subdivision & Development Potential

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

Total Cost to Purchase

Purchase Price
$240,000
Stamp Duty (Victoria)
$9,470
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$253,670

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

Listing Details

Density
High Density
Listed
Last Updated
Postcode
3185

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