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Apartment

4/188 The Parade

Ascot Vale VIC 3032, Australia

2 Bedrooms
1 Bathrooms
1 Parking
1031 m² Land size
- Internal area
$500,000 Last sale (2020)

About this property

yardizepropertyrecord

Unit 4 at 188‑190 The Parade is situated in Ascot Vale, an inner‑city suburb of Melbourne roughly 6 km north of the Central Business District. The building, constructed in 1970, comprises ten units and sits on a 1,031 m² block. The flat is a fully renovated first‑floor apartment offering two bedrooms, one bathroom, a balcony and built‑in robes, plus a single car space.

Its estimated market value is $561,000 and the estimated weekly rent is $535. The unit sold at auction in March 2020 for $500,000. The complex has a high proportion of owner‑occupiers (about 60 %) with long average owner tenures, indicating a stable residential community

Also written as Unit 4, 188 The Parade.

Key details

Locality
Ascot Vale
State
VIC
Coordinates
37.771819 / 144.908293
GNAF PID
GAVIC410768372
Legal parcel ID
14\RP9575
Property type
Apartment
Unit land size
1031 m²
Unit internal area
-
Built
1970
Mobile coverage
5G
Zoning
Residential
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$560
Expected property value
$485,000
Estimated yield
6%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
19 Mar 2020
$500,000
Sale
19 Mar 2020
$485,000
Sale
24 Feb 2018
$500,000

Property insights

Building profile

  • Built: 1970

Recorded sales and leasing agents

Recorded sale agency (2020 sale)
Pagan Real Estate recorded for the 2020 sale
Recorded listing contacts
Pagan Real Estate

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
60%
Renter-occupied
40%

Real Estate Agencies

Ordered by:
Nelson Alexander - Ascot Vale
0.7 km
Jellis Craig - Kensington
2.8 km
Jellis Craig - Moonee Valley
2.7 km
Barry Plant - Essendon
2.0 km
VICPROP - BRUNSWICK & RESERVOIR
5.5 km
Jas Stephens Real Estate
4.9 km
WHITEFOX Northside - CARLTON
6.1 km
VICPROP ST ALBANS & SUNSHINE
9.8 km
McDonald Upton - ESSENDON
3.0 km
Barry Plant Inner City Group - Brunswick & Coburg
5.8 km
Woodards - Ascot Vale
1.4 km
Little Real Estate - HAWTHORN
14.4 km
Belle Property - Ascot Vale
1.4 km
Moonee Valley Real Estate - Avondale Heights
4.4 km
MATTHEWS. - MOONEE VALLEY
1.5 km
First National Avant - MELBOURNE
7.1 km
Pagan Real Estate - TRAVANCORE
3.0 km
Frank Dowling Real Estate - Essendon
2.8 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
St Mary's Primary School
0.3 km
Primary school | Catholic
Moonee Ponds West Primary School
0.4 km
Primary school | Government
Ascot Vale West Primary School
0.9 km
Primary school | Government
Pegs Junior School (Girls)
1.2 km
Primary school | Independent
Lowther Hall Anglican Grammar School
1.5 km
Combined school | Independent
Ascot Vale Primary School
1.6 km
Primary school | Government
St Margaret's Primary School
1.6 km
Primary school | Independent
Resurrection House
1.7 km
Primary school | Catholic
St Columba's College Ltd
1.7 km
Secondary school | Catholic
St Monica's Primary School
1.9 km
Primary school | Independent
Our Lady of the Nativity School
2.0 km
Primary school | Independent
Ave Maria College
1.9 km
Secondary school | Independent
Maribyrnong Secondary College
2.0 km
Secondary school | Government
Essendon Keilor College - Essendon Campus
1.9 km
Secondary school | Government
Kensington Community High School
2.4 km
Secondary school | Government
Footscray City College
2.4 km
Secondary school | Government
Mount Alexander 7-12 College
2.5 km
Secondary school | Government
Buckley Park College
2.9 km
Secondary school | Government
Gilmore College for Girls
3.2 km
Secondary school | Government
Sparkways Early Learning Showgrounds
1.4 km
* Approximate straight-line distances

Frequently asked questions

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

4/188 The Parade is described with 2 bedrooms, 1 bathroom, 1 parking space, land size of 1,031 m², built around 1970

Fully renovated 1st floor apartment RateMyAgent snippet
Which suburb is 4/188 The Parade located in?

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

En.wikipedia.org
What is the population of Ascot Vale?

Ascot Vale recorded a population of 15,197 in the 2021 census

En.wikipedia.org
What public transport options are closest to the property?

The nearest tram stops are Bowen St/Maribyrnong Rd (approximately 0.1 km away) and Epsom Rd/Maribyrnong Rd (approximately 0.3 km away)

What nearby amenities are within walking distance?

Within about 0.7 km are Fairbairn Park, Ascot Vale Post Office and Ascot Vale Cinema, providing green space, postal services and cultural facilities

What kind of property is this?

4/188 The Parade is listed as Apartment in Ascot Vale, VIC

Fully renovated 1st floor apartment RateMyAgent snippet
What asking price or listing price is shown?

4/188 The Parade includes price $561,000 (estimated market value, high confidence), Sold for $500,000 on 19 Mar 2020

Fully renovated 1st floor apartment RateMyAgent snippet
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $485,000, the calculated weekly rent is $560 per week, and the indicative gross yield is 6%

Fully renovated 1st floor apartment RateMyAgent snippet

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