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226/1 Ascot Vale Road, FlemingtonPrice Withheld

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226/1 Ascot Vale Road

Flemington, VIC 3031, Australia

Price Withheld

1 bed 1 bath 1 car

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Listing description

About this property

Positioned within a boutique complex in the heart of vibrant Flemington, this contemporary one-bedroom apartment presents an outstanding opportunity for first-home buyers, professionals, downsizers, or savvy investors alike. Privately set on the second floor, the apartment showcases a thoughtfully designed layout with abundant natural light and a seamless open-plan living and dining zone. The sleek kitchen is appointed with stone benchtops, electric cooking appliances, an integrated dishwasher, soft-close cabinetry, and excellent storage, perfect for everyday living and entertaining. A true standout is the expansive terrace, offering a rare outdoor space ideal for alfresco dining, relaxing, or hosting guests. Enjoy glimpses toward the CBD skyline, while during racing season, take in the unique atmosphere of Flemington Racecourse just across the road. The well-appointed bedroom includes a built-in robe and is serviced by a stylish, hotel-inspired bathroom complete with a Euro laundry. Additional features include video intercom entry and lift access for added convenience. Residents enjoy exclusive access to premium resort-style amenities, including an infinity pool with city views, a fully equipped gym, and beautifully designed communal retreat and entertaining areas. Perfectly positioned for a connected lifestyle, you're just moments from Newmarket Railway Station, local cafés, Showground Village, and the scenic Maribyrnong River Trail, with trams at your doorstep for easy access to the CBD. Any reference to internal or external floor size or m² area has been provided to Barry Plant Docklands/Yarra's Edge by a third party. We strongly urge all interested parties to undertake their own due diligence before making any property purchase.

Property Details

Property Type: apartment
Listing Type: Sold
Bedrooms: 1
Bathrooms: 1
Parking: 1
Listed: 2 months ago

Repayment calculator

$2,872/month

$1,436 /fortnight

Loan $474,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$118,500

Stamp duty$30,620

Conveyancing (est.)$2,000

Total upfront$151,120

Verify with VIC revenue office →

Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Flemington

This 1-bedroom apartment in Flemington, VIC 3031 sits within reach of public transport, local shops and nearby schools.

Schools near Flemington

Debney Meadows Primary Schoolprimary · Prep-6 · CoEd
Flemington Primary Schoolprimary · Prep-6 · CoEd
St Brendan's Schoolprimary · Prep-6 · CoEd
Mount Alexander 7-12 Collegesecondary · 7-12 · CoEd
SEDA College (Victoria) - Flemington HUBsecondary

What's nearby

Stop 26: Newmarket Station (tram) — 613 m away
Woolworths — 579 m away
Coronet Park — 197 m away
Unnamed — 439 m away
Flemington Stockyards — 485 m away

Flemington at a glance

Full suburb profile

Population: 7,025
Median age: 34
Household income: $1,525/wk
Median rent: $300/wk
Median mortgage: $2,074/mo

Source: ABS Census.

Due diligence

Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Flemington Primary School

Public transport

10 stops within 1.5km

Nearest: Edinburgh Street/Ascot Vale Road (0.2km)

Traffic

Moderate congestion

Morning peak (7-9am) and evening peak (5-7pm) experience moderate to heavy congestion on Ascot Vale Road and intersecting routes. Racecourse Road experiences elevated traffic during racing events at Flemington Racecourse. Weekend traffic generally lighter except during racing days.

Noise

High noise

Nearest: road (0.0km)

Risk & safety

Flood risk

Medium

Flemington is located adjacent to the Yarra River floodplain and has experienced significant historical inundation (notably 1891 and 1972). Properties within the LSIO are subject to VicPlan overlay controls that mandate elevated floor levels and flood risk assessment. Medium flood risk reflects the proximity to the Yarra River, active flood study coverage, and documented flood history in this inner-Melbourne locality.

Bushfire risk

Low

Flemington is a densely developed inner-suburban area of Melbourne with minimal bushfire risk due to urban character, limited vegetation, and distance from bushland interfaces. Properties in Flemington are unlikely to fall within the Bushfire Prone Area (BPA) or Bushfire Management Overlay (BMO) and do not typically require BAL assessments. Standard building codes apply.

Crime profile

above average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Nearby development

5 projects nearby

Flemington is experiencing moderate infill development pressure driven by proximity to Docklands, the inner-west growth corridor, and the Racecourse Road precinct. Activity focuses on residential intensification along major roads (Mount Alexander, Footscray Road) and mixed-use renewal near the racecourse. Infrastructure improvements and streetscape upgrades support gradual urban renewal rather than large-scale transformation.

Heritage

Heritage listed

Flemington is an inner-west Melbourne suburb with strong heritage character, notably dominated by the iconic Flemington Racecourse (established 1840s). The wider locality contains Victorian and Edwardian residential areas with heritage overlays and conservation area protections typical of inner Melbourne suburbs. Properties within designated overlays face moderate development restrictions focused on streetscape and architectural heritage preservation.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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