4. Property Auction Result

1/606 Melbourne Rd, Spotswood VIC 3015

1/606 Melbourne Rd, Spotswood VIC 3015

unit 2

Sold $466,000 on 18 Mar 2017

Distance To CBD: 7.38 km

Measure Land Size

  • Agency: Jas Stephens RE

    Nearby Sold Price

    • Map And Street View
    Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

    Stamp Duty Calculator

    Total

    $ 24,416

    Mortgage registration fee $108

    Transfer fee $1,278

    Stamp duty on property $23,030
    *based on property value $466,000 for investment

    Loan Repayment Calculator

    Monthly Repayment

    $ 2,001

    Total interest payable $347,658

    Loan Term 30 years

    Annual Interest Rate 5.00%
    *based on loan amount $372,800 for principal and interest
    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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    Comparable Sold Properties

    Address Sold Price
    2/4 Ferguson Street 2 $520,000
    2/9 Cullen Court 2 $530,000
    4/1 Hick Street 2 $520,000
    2/10 Steel Street 2 $502,500
    3/7 Kernot Street 2 $556,000
    169B Hudsons Road 2 $779,000
    2/9 Cullen Court 2 $500,000
    2/102 The Avenue 2 $698,000

    Comparable Rent Properties

    Address Rent Price
    5/25 Hope Street 2 $435 p/w
    3/85 New Street 2 $395 p/w
    3/12 Andrew Street 2 $495 p/w
    29A Hope Street 2 $415 p/w
    3/601 Melbourne Rd 2 $455 p/w
    3/25 Hope Street 2 $430 p/w
    84 Hudsons Road 2 $350 p/w
    3/165 Hudsons Road 2 $450 p/w
    Auction History - Spotswood, VIC 3015
    2024 March
    Address Price Result*
    29 Watt St $2,000,000 SP 5
    2024 February
    Address Price Result*
    304/88 Hudsons Rd $632,000 SP 2
    33 Hope St N/A W 3
    20 George St $965,000 SP 4
    17 Steel St N/A W 5

    Spotswood, VIC 3015
    (7.08 km to CBD)

    Median House Price

    $1,257,500

    Median Unit Price

    $502,500

    Surrounding Suburbs

    Nearby Train Stations

    0.38 km Spotswood Station
    1.43 km Newport Station
    1.76 km Yarraville Station

    Nearby Schools

    0.07 km Spotswood Primary School
    0.37 km St Margaret Mary's School
    0.98 km Newport Lakes Primary School
    1.08 km Sacred Heart School
    1.17 km Wembley Primary School
    1.34 km Yarraville Special Developmental School
    1.73 km Yarraville West Primary School
    1.91 km St Augustine's School
    2.03 km Kingsville Primary School
    2.06 km Newport Gardens Primary School