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509/70 Queens Road

Melbourne, VIC 3004, Australia
$600,000
2 bed 2 bath 1 car

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Area Price Guide
$564,000$636,000

Indicative price guide range

🏘️
74
Comparable
📊
$650,000
Area median
⚖️
-8%
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: Melbourne Primary School

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Public transport

10 stops within 1.5km

Nearest: High Street/Punt Road (0.5km)

Traffic

Moderate congestion

Morning (7-9am) and evening (5-7pm) peak hours see significant congestion on Queens Road and St Kilda Road due to commuter traffic flowing to/from the CBD. St Kilda Road becomes particularly congested during southbound evening peaks.

Flood risk

Medium

Melbourne's flood risk varies significantly by location, with properties in low-lying areas near the Yarra River, Dandenong Creek, Moonee Ponds Creek, and Maribyrnong River subject to LSIO and/or SPFO designations. Historical flooding (notably 1891 and 1973 Yarra events) has shaped widespread overlay coverage across inner suburbs and floodplains. Most Melbourne properties have formal flood studies and planning overlays in place, requiring proactive flood-risk management in development approvals.

Bushfire risk

Moderate

BAL: BAL-12.5

Crime profile

above average

Trend: stable

Nearby development

6 projects nearby

Melbourne's development activity is dominated by major infrastructure investment (Metro Tunnel), large-scale urban renewal precincts (Fishermens Bend, Southbank), and continued high-density residential development in the CBD and inner suburbs. The city is experiencing significant transformation with mixed-use projects and residential infill across inner-north and inner-west areas, supported by state and local government planning frameworks.

Heritage

Heritage listed

Melbourne's CBD and inner precincts contain numerous Victorian-era buildings and structures of national and state significance, with extensive heritage overlays protecting 19th-century streetscapes, commercial architecture, and civic landmarks. Many properties fall within heritage conservation areas requiring planning consent for alterations. The city's rich cultural heritage reflects its role as a major colonial and cultural centre.

Sources: Australian Gov open data + StMate AI
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Property Photos

About this property

Perfectly positioned on sought-after Queens Road, this impressive apartment enjoys a prime location directly opposite the lush surrounds of Albert Park. Whether it's a relaxing lakeside stroll or a round of golf at the renowned Albert Park Golf Course, the lifestyle on offer here is second to none. Designed for comfort and easy living, the residence features two well-proportioned bedrooms, both complete with built-in robes. A spacious lounge flows seamlessly through to the kitchen and meals area, complemented by a gas cooktop, electric oven, and ample storage. The apartment also includes two bathrooms, a separate laundry, and the added convenience of reverse cycle heating and cooling throughout. Secure parking for one vehicle is provided. Step out onto the private balcony and take in uninterrupted views across Albert Park Lake - the perfect setting to unwind while enjoying stunning sunsets over the bay. A truly unique highlight is the ability to experience the excitement of the Australian Grand Prix from the comfort of your own home. Located just moments from Melbourne CBD, the Melbourne Sports and Aquatic Centre and only a short drive to the vibrant St Kilda foreshore, you'll have an abundance of lifestyle, dining, and recreational options at your doorstep. DISCLAIMER: Scheduled Open for Inspection times may be changed and/or cancelled at any moment without notice.

Property Features

    View full listing on Domain

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

    Repayment calculator

    $2,909/month
    $1,454 /fortnight
    Loan $480,000 at 6.10% over 30 years

    Upfront costs

    Deposit$120,000
    Stamp duty$31,070
    Conveyancing (est.)$2,000
    Total upfront$153,070
    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
    2
    Bathrooms
    2
    Parking
    1
    Listed
    3 weeks ago

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    Agent name, phone and enquiry form are on the original Domain listing.

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