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This property has been sold for $345,000 on 23 June 2026

84 days on market

Market context at sale

Suburb cycle phase
Cooling
RBA cash rate
4.31%
Suburb median (June 2026)
$525,000(-34%)

Listing journey

Essentials

This property went through 2 price reductions over 84 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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406/70 Queens Road, Melbourne, VIC, 3004

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Asking Price

$330,000 - $360,000

1 Beds1 Baths
Land: 2,342 m2
Floor: 60 m2

Property overview

This 1-bedroom apartment at 406/70 Queens Road in Melbourne, VIC 3004 sold for $345K in June 2026, with 1 bathroom. It offers 60 m2 of internal living space. Council data records flood 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 $360,000 asking signal.

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

  • Planning overlay risk

Listed

Updated

Days on market

84

Latest price change

$370,000 to $360,000

Investment Score

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Deal qualityGrowthCash flowMarket liquidityRisk control
Flood zone

Est. Valuation

$374,319

Potential Sell Price

Est. Rent/wk

$555

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

Overlays Detected

Subdivision & Development Potential

RGZ1Residential Growth Zone 1

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

Total Cost to Purchase

Purchase Price
$360,000
Stamp Duty (Victoria)
$16,670
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$380,870

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

Listing Details

Density
High Density
Listed
Last Updated
Postcode
3004

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