Apartment

1/40 Fisher Parade

Ascot Vale VIC 3032, Australia

2 Bedrooms

1 Bathrooms

1 Parking

972 m² Land size

- Internal area

$670,000 Last sale (2025)

About this property

1/40 Fisher Parade is a ground‑floor, fully renovated two‑bedroom, one‑bathroom flat located in a low‑density four‑unit Art‑Deco boutique building in Ascot Vale. The unit includes a single secure garage space and features built‑in wardrobes, an internal laundry, a study area and a fireplace.

It was purchased for $492,000 in May 2019 and sold on 8 December 2025 for $670,000, representing roughly 5 % annual capital growth. Current market estimates place the value at about $683,000 with an estimated rental income of $625 per week

Key details

Locality: Ascot Vale
State: VIC
Coordinates: 37.785999 / 144.905452
GNAF PID: GAVIC410781413
Legal parcel ID: 1\RP15071
Property type: Apartment
Unit land size: 972 m²
Unit internal area: -
Mobile coverage: 5G
Heritage overlay: None detected
Land Use Category: Residential

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent

$625

Expected property value

$683,000

Estimated yield

4.76%

Confidence

High

Based on the comparable property evidence currently available.

Sales history

Event	Date	Price	Price per m²
Sale	8 Dec 2025	$670,000	—
Sale	31 May 2019	$492,000	—
Sale	28 Jun 1983	$44,000	—

Property insights

Building profile

1/40 Fisher Parade is a ground‑floor, fully renovated 2‑bedroom, 1‑bathroom flat in a low‑density four‑unit Art‑Deco boutique building in Ascot Vale
No heritage, bushfire or flood overlays

Property Features

Internal laundry
Secure parking
Fireplace(s)
Study area
Fully renovated ground‑floor unit in boutique Art‑Deco building
Strong capital growth of ~5% per annum over 6 years
Car spaces: 1

Recorded sales and leasing agents

Recorded sale agency (2025 sale): Burnham Real Estate recorded for the 2025 sale
Recorded listing contacts: Fil Defina

Ownership mix

Approximate occupancy mix for the surrounding area

Owner-occupied

100%

Renter-occupied

Area insights

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Showgrounds railway station in Flemington, Melbourne, Victoria, Australia; 0.8 km away
Burndap Park local park; 0.6 km away
Fairbairn Park park; 1.3 km away
Flemington Racecourse horse‑racing venue; 0.3 km away
Edgewater Square/Gordon St commercial precinct; 1.4 km away

Read suburb profile

Real Estate Agencies

Ordered by:

Nelson Alexander - Ascot Vale

1.7 km

216 Union Road, Ascot Vale, VIC 3032

Jellis Craig - Kensington

2.3 km

291 Racecourse Road, Kensington, VIC 3031

Jellis Craig - Moonee Valley

4.3 km

Level 1, 1070 Mt Alexander Road, Essendon, VIC 3040

Barry Plant - Essendon

3.5 km

877 Mt Alexander Road, Essendon, VIC 3040

VICPROP - BRUNSWICK & RESERVOIR

5.8 km

2/22-30 Lygon Street, Brunswick, VIC 3056

Jas Stephens Real Estate

3.4 km

104 Somerville Road, Yarraville, VIC 3013

WHITEFOX Northside - CARLTON

5.8 km

332 Drummond Street, Carlton, VIC 3053

Woodards - Essendon

4.6 km

1126 Mt Alexander Road, Essendon, VIC 3040

VICPROP ST ALBANS & SUNSHINE

10.2 km

308 MAIN ROAD EAST, St Albans, VIC 3021

McDonald Upton - ESSENDON

4.5 km

1112 Mt Alexander Road, Essendon, VIC 3040

Ray White - Pascoe Vale

6.3 km

414 Bell Street, Pascoe Vale South, VIC 3044

Barry Plant Inner City Group - Brunswick & Coburg

6.9 km

341-345 Sydney Road, Coburg, VIC 3058

Woodards - Ascot Vale

1.9 km

226 Union Road, Ascot Vale, VIC 3032

Professionals - Taylors Lakes

13.2 km

Shop 27 Taylors Lakes Shopping Centre, 3 Melton Highway, Taylors Lakes, VIC 3038

Little Real Estate - HAWTHORN

13.8 km

Suite 8/26-28 Hall Street, Hawthorn East, VIC 3123

Belle Property - Ascot Vale

2.0 km

241 Union Road, Ascot Vale, VIC 3032

White Knight Estate Agents

13.5 km

Office 118A/118-120 Westwood Drive, Burnside, VIC 3023

Moonee Valley Real Estate - Avondale Heights

4.9 km

151 Military Rd, Avondale Heights, VIC 3034

MATTHEWS. - MOONEE VALLEY

2.7 km

1/3-7 Puckle Street, Moonee Ponds, VIC 3039

First National Avant - MELBOURNE

6.4 km

Level 31, 120 Collins Street, Melbourne, VIC 3000

Love & Co

11.2 km

Ivanhoe, Preston, Thornbury, Reservoir, VIC 3073

Pagan Real Estate - TRAVANCORE

2.9 km

8 Mt Alexander Road, Travancore, VIC 3032

Frank Dowling Real Estate - Essendon

4.4 km

1047 Mt. Alexander Rd., Essendon, VIC 3040

McGrath - IVANHOE

12.7 km

115 Upper Heidelberg Road, Ivanhoe, VIC 3079

* Approximate straight-line distances

Nearby schools

Type:

Ordered by:

Ascot Vale West Primary School

0.8 km

Primary school | Government

Footscray City College

1.1 km

Secondary school | Government

St Mary's Primary School

1.4 km

Primary school | Catholic

Maribyrnong Secondary College

1.7 km

Secondary school | Government

Gilmore College for Girls

1.7 km

Secondary school | Government

Kensington Community High School

1.8 km

Secondary school | Government

St Monica's Primary School

1.7 km

Primary school | Catholic

Footscray North Primary School

1.8 km

Primary school | Government

Moonee Ponds West Primary School

2.0 km

Primary school | Government

Footscray Primary School

1.8 km

Primary school | Government

Kensington Primary School

2.0 km

Primary school | Government

Ascot Vale Primary School

2.2 km

Primary school | Government

St John's School

2.1 km

Primary school | Catholic

St Brendan's School

2.3 km

Primary school | Catholic

Mount Alexander 7-12 College

2.5 km

Secondary school | Government

Lowther Hall Anglican Grammar School

3.1 km

Combined school | Independent

St Columba's College Ltd

3.3 km

Secondary school | Catholic

Ave Maria College

3.3 km

Secondary school | Independent

Essendon Keilor College - Niddrie Campus

6.0 km

Secondary school | Government

St Aloysius College

3.4 km

Secondary school | Independent

* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

1/40 Fisher Parade is described with 2 bedrooms, 1 bathroom, 1 parking space, land size of 972 m²

What suburb is 1/40 Fisher Parade located in?

The property is located in Ascot Vale, an inner‑city suburb of Melbourne, Victoria

How far is Ascot Vale from Melbourne’s Central Business District?

Ascot Vale is situated about 6 km north of Melbourne’s CBD

Which primary school is closest to the property?

Ascot Vale West Primary School is the nearest government primary school, located approximately 0.8 km away

What major sporting venue is within walking distance?

Flemington Racecourse is a major horse‑racing venue situated about 0.3 km from the property

What park is located nearby for recreation?

Burndap Park, a local recreational park, is situated roughly 0.6 km away

What kind of property is this?

1/40 Fisher Parade is listed as Apartment in Ascot Vale, VIC

What asking price or listing price is shown?

1/40 Fisher Parade includes price $670,000 (sold 8 Dec 2025), Sold for $670,000 on 8 Dec 2025

Related profiles

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Root property

40 Fisher Parade

View the main multi-unit property profile covering 4 tracked units.

View root property

Suburb profile

Ascot Vale

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View suburb profile

Street profile

Fisher Parade

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