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226/1 Ascot Vale Road

Flemington, VIC 3031, Australia
$365,000
1 bed 1 bath 1 car

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Area Price Guide
$343,100$386,900

Indicative price guide range

🏘️
73
Comparable
📊
$640,000
Area median
⚖️
-43%
vs median
🗓️
3 weeks ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

7 nearby schools

Catchment: Flemington Primary School

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Public transport

Data unavailable

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.

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

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 + StMate AI
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Property Photos

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $1,770/month
    $885 /fortnight
    Loan $292,000 at 6.10% over 30 years

    Upfront costs

    Deposit$73,000
    Stamp duty$16,970
    Conveyancing (est.)$2,000
    Total upfront$91,970
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Listed
    3 weeks ago

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