4. Property Auction Result

40/2 Newmarket Way, Flemington VIC 3031

40/2 Newmarket Way, Flemington VIC 3031

Flat 2 1 1

Sold $393,000 on 13 Oct 2018

Distance To CBD: 4.36 km

List: $360,000 - $390,000

Measure Land Size

Agency: Hocking Stuart - Yarraville

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

$ 19,856

Mortgage registration fee $108

Transfer fee $1,098

Stamp duty on property $18,650
*based on property value $393,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 1,688

Total interest payable $293,196

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $314,400 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
4/44 Ascot Vale Road 2 $378,000
1018/1 Ascot Vale Road 2 $570,000
7/30-32 Finsbury Street 2 $536,000
13/48 Farnham Street 2 $475,000
15/55 Dover Street 2 $612,500
12/55 Dover Street 2 $550,000
114 Shields Street 2 $1,120,000
2201/1 Ascot Vale Road 2 $520,000

Comparable Rent Properties

Address Rent Price
76 Crown Street 2 $600 p/w
74 Crown Street 2 $600 p/w
105 Shields Street 2 $600 p/w
8/48 Farnham Street 2 $450 p/w
14/2 Newmarket Way 2 $680 p/w
4/52 Canterbury Street 2 $450 p/w
133 Kent Street 2 $470 p/w
5/169 Wellington Street 2 $460 p/w
Auction History - Flemington, VIC 3031
2024 April
Address Price Result*
4/44 Ascot Vale Rd N/A PI 2
1301/1 Ascot Vale Rd N/A W 2
2024 March
Address Price Result*
2/119 Wellington St N/A W 2
22 Lee St $1,103,000 S 3
103 Shields St $1,110,000 S 4
292 Pin Oak Cr $1,350,000 VB 3
157 Wellington St N/A SP 2
12/55 Dover St $550,000 SP 2
34/2 Newmarket Wy $470,000 SP 2
114 Shields St $1,120,000 SP 2
66 Illawarra Rd $1,335,000 SP 3
25 Eltham St $1,180,000 S 3
19 Brighton St $1,170,500 S 3

Flemington, VIC 3031
(4.76 km to CBD)

Median House Price

$1,319,000

Median Unit Price

$427,500

Surrounding Suburbs

Nearby Train Stations

0.19 km Newmarket Station
0.91 km Kensington Station
0.73 km Flemington Racecourse Station

Nearby Schools

0.27 km Kensington Community High School
0.37 km St Brendan's School
0.64 km Kensington Primary School
0.6 km Mount Alexander 7-12 College
0.58 km Debney Meadows Primary School
0.63 km Ascot Vale Primary School
0.69 km Flemington Primary School
0.84 km Brunswick South West Primary School
0.75 km Ascot Vale Special School
1.06 km Holy Rosary School