Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this property, build a shortlist, and compare it against 110k+ live listings and 12,000+ suburb signals.
See a sample property report before signing up or paying. | Take the 30-second product tour
Asking Price
$550,000 - $600,000
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%.
Free account required. Free includes 1 a day and 5 a month, shared with your portfolio and off-market valuations.
Property overview
This property at 8B/221 Queen St in Melbourne, VIC 3000 is on the market at $550K to $600K. It offers a 519 m2 block and 72 m2 of internal living space. The property was built in 1980. The median house price in Melbourne is $575K. Council data records heritage overlay on the site. 121 schools sit within about 5km, and the area scores 96 for walkability and 100 for transit out of 100.
More in Melbourne
- 51/18 Queen StreetApartment · 2 bed · 1 bath$500,000 - $550,000
- 3807/618 Lonsdale StApartment · 2 bed · 2 bath$595,000 - $625,000
- 61/140 Flinders StreetApartment · 1 bed · 1 bath$650,000 - $700,000
- 1301/8 Exploration LaneApartment · 2 bed · 2 bath$440,000 - $480,000
- 6005/568 Collins StreetApartment · 2 bed · 1 bath$500,000 - $550,000
- 1204/31 Spring StreetApartment · 1 bed · 1 bath$475,000 - $520,000
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
Confidence: Unlock to view
Based on $600,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
Investment Score
Essentials feature
Unlock Investment Scores
Subscribers see deal quality, growth, cash flow, market liquidity, location, and risk-control analysis on each listing.
Est. Valuation
-
Potential Sell Price
Est. Rent/wk
-
Potential Gross Yield
Unlock the full comparable sales report
Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $600,000
- Stamp Duty (Victoria)
- $31,070
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $635,270
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3000
- Original listing
- Original listing is on paid plans
Your Notes
Keep private notes on properties you're considering, only visible to you.
Sign up free to take notesLearn more about investing in Melbourne
See more properties like this
PropRadar scores every active AU listing with the same yield, valuation gap, and comparable-sales analysis. Free to browse, no card required.