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This property has been sold for $462,000 on 29 Apr 2026
92 days on market
PropRadar's estimate today
$502,761
Range $433,617 to $549,861
Estimated rent $555 per week
Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.
Market context at sale
Listing journey
EssentialsThis property went through a full listing campaign over 92 days on market. See what it first asked, every reduction along the way, and what it finally sold for.
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Asking Price
$430,000 - $470,000
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 111/535 Mt Alexander Road in Moonee Ponds, VIC 3039 sold for $462K in April 2026, with 1 bathroom and parking for 1. Moonee Ponds sits about 6.6 km from the CBD, where the median unit price is $595K. There are 88 schools within roughly 5km, and the area scores 75 for walkability and 98 for transit out of 100.
More in Moonee Ponds
For sale now
- 408/535 Mt Alexander RoadApartment · 1 bed · 1 bath$400,000 - $429,990
- 411/533-535 Mt Alexander RoadApartment · 2 bed · 1 bath$480,000 - $525,000
- 717/40 Hall StreetApartment · 1 bed · 1 bath$350,000 - $380,000
- G08/20 Park StreetApartment · 2 bed · 2 bath$520,000 - $570,000
Recently sold nearby
- 5/519 Mt Alexander RoadApartment · 3 bed · 1 bath · Aug 2026Sold $665,000
- 405/533-535 Mount Alexander RoadApartment · 1 bed · 1 bath · Sept 2026Sold $425,000
- 108/4 Young StreetApartment · 1 bed · 1 bath · Sept 2026Sold $382,500
- 3/519 Mount Alexander RoadApartment · 2 bed · 1 bath · Sept 2026Sold $600,000
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 $470,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
92
Investment Score
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Moonee Ponds at a glance
Unit market signals | VIC 3039
Median
$595K
Market signals
To CBD
7 km
Est. Valuation
$475,833
Potential Sell Price
Est. Rent/wk
$510
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
- $470,000
- Stamp Duty (Victoria)
- $23,270
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $497,470
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 3039
- Original listing
- Original listing is on paid plans
Your Notes
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Positive cashflow properties under $500K in Australia
Where rent actually covers the mortgage at current rates, and the trade-offs you accept.
Auction vs private sale: which gets sellers a better price
14,000 matched sales by sale method, state, and property type. How far above guide to budget.
How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
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