4. Property Detail

38 Velvet Road, Port Melbourne VIC 3207

townhouse

3

Bedrooms

3

Bathrooms

2

Car Spaces

$1,342,000
38 Velvet Road, Port Melbourne VIC Sold on 8 Mar 2024

Distance To CBD: 2.55 km

Measure Land Size

Agency: Frank Gordon - Port Melbourne

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.

High ConfidencePrice Estimate*

$1,300,000 - $1,400,000

*based on similar properties sold prices

Stamp Duty Calculator

Total

$ 75,280

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $73,810
*based on property value $1,342,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 5,763

Total interest payable $1,001,194

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $1,073,600 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
2/61 Derham Street 3 $1,575,000
3/8 Thomas Street 3 $1,500,000
61 Esplanade East 3 $1,535,000
8 Tomkins Road 3 $970,000
29/15 Beach Street 3 $1,270,000
2 Quinn Road 3 $1,170,000
3/117 Rouse Street 3 $955,000

Comparable Rent Properties

Address Rent Price
158 Ingles Street 3 $925 p/w
6 Tomkins Rd 3 $1,050 p/w
1/100 Stokes Street 3 $725 p/w
18/15 Beach Street 3 $995 p/w
16 Tomkins Rd 3 $920 p/w
111 Boundary Street 3 $1,100 p/w
6 Tomkins Road 3 $995 p/w
12 Prohasky Street 3 $1,650 p/w
Auction History - Port Melbourne, VIC 3207
2024 April
Address Price Result*
201/187-195 Graham St $992,500 S 2
3/141 Albert St N/A VB 3
199 Albert St N/A PI 4
39 Raglan St N/A VB 3
10/6 Graham St $1,310,000 SP 3
705/155 Beach St N/A VB 2
56 Station St N/A S 2
176 Princes St N/A PI 4
1/164 Ingles St N/A W 3
213/19 Pickles St $680,000 SP 2
2024 March
Address Price Result*
801/155 Beach St N/A PI 4
37 Cruikshank St $2,000,000 SP 3
5 Crichton Av $1,734,728 SP 4
206/25 Pickles St $675,000 PI 2
153 Cruikshank St N/A VB 2
225 Esplanade W $1,220,000 PI 2
210 Clark St $1,580,000 S 2
191 Princes St N/A SP 3
31 Stokes St N/A PI 2
124 Princes St N/A PI 2
Townhouse 5, 103A Stokes St N/A W 3
10 Crichton Av $1,900,000 VB 4
12 Enterprise Av $1,352,000 SA 2
276 Ross St $902,000 S 2
280 Rouse St $962,000 S 2
2/61 Derham St $1,575,000 S 3
368 Howe Pde N/A SP 3
268 Bridge St N/A S 2
212/50 Dow St $950,000 PI 2
3/53 Johnston St $990,000 S 2
486 Williamstown Rd $1,115,000 S 3
233 Ross St N/A W 3
604/216 Rouse St N/A PI 3
88 Station St N/A SP 2
402 Bay St N/A PI 2
141 Heath St $1,552,000 S 3
15/33 Princes St N/A S 3
38 Albert St N/A PI 2
G06/52 Dow St N/A W 1

Top Sales - Unit- Last 12 months updated 28 Apr 2024

Address Sold Price
4/29 Beaconsfield Parade Port Melbourne 3207 $3,100,000 3 2
805/147 Beach Street Port Melbourne 3207 $3,075,000 4 2
5/29 Beaconsfield Parade Port Melbourne 3207 $3,025,000 3 2
606/147 Beach Street Port Melbourne 3207 $2,760,000 3 2
304/147 Beach Street Port Melbourne 3207 $2,587,000 3 2
802/89 Beach Street Port Melbourne 3207 $2,565,000 3 2
405/65 Beach Street Port Melbourne 3207 $2,340,000 3 2
801/65 Beach Street Port Melbourne 3207 $2,100,000 3 2
53/4 Seisman Place Port Melbourne 3207 $2,035,000 3 2
8/105 Beach Street Port Melbourne 3207 $2,022,500 4 3

Port Melbourne, VIC 3207
(3.32 km to CBD)

Median House Price

$1,751,000

Median Unit Price

$762,500

Surrounding Suburbs

Nearby Train Stations

1.6 km Southern Cross Station
2.5 km North Melbourne Station
2.31 km Flagstaff Station

Nearby Schools

0.8 km Port Phillip Specialist School
0.66 km Montague Continuing Education Centre
1.25 km Galilee Regional Catholic Primary School
2.06 km Albert Park Primary School
2.06 km Albert Park College
2.45 km Taylors Senior College