909/333 Ascot Vale Road, Moonee Ponds VIC 3039
909/333 Ascot Vale Road, Moonee Ponds VIC 3039
Apartment, 19 floors, 141 residences | Standard 1-bed stock likely | Moonee Ponds core, rail/tram | Modern finishes, rooftop amenity | Investor-heavy turnover.
This apartment sits within a well-positioned, amenity-rich building in Moonee Ponds’ retail and transport core. The building’s mix of one-bedroom units and larger configurations means it serves a broad buyer pool, though the most common stock—like this one—is compact and investor-oriented. The modern package, including stone benchtops, secure parking, lift access, and rooftop facilities, places it above older walk-up apartments in the suburb. It suits a professional or investor seeking low-maintenance living close to the CBD, with strong rental appeal driven by transport and Puckle Street retail.
The value may be influenced by the building’s high density and shared facilities, which can affect resale competition among similar units. The lack of a confirmed view or aspect for this specific floor could mean it performs in line with standard stock rather than premium units. Longer holding periods among some owners suggest stability, but active investor turnover might keep price growth modest. The property’s finishes and secure parking are likely to support its position relative to other one-bedroom apartments in the complex.
Detailed Independent Property Report prepared by PropCred Analyst team for 909/333 Ascot Vale Road, Moonee Ponds VIC 3039
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Moonee Ponds sits as an established inner-city market with a median house price of $1,557,500, well above the metro average of $955,000. Demand is underpinned by a rapidly growing population, a dominant buyer demographic in their 30s, and strong household incomes. Houses have recorded 3.8% annual growth but softened 7.5% in the quarter, while units are flat at $573,000, down 1.2% annually. The 36-day selling period matches metro conditions, yet a clearance rate of 66.1% trails the 81.4% benchmark, indicating weaker buyer competition. Rental yields of 5.2% for houses and 5.3% for units remain supportive, but affordability constraints and recent quarterly price falls present near-term headwinds.
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PropCred Estimated Value
Comparable Sales: 603/333 sold $405k, 503/333 sold $403k | Property Price Band: $400k–$500k | Value Drivers: Modern finishes, secure parking, building amenities, transport proximity
Bedrooms
2
Bathroom
2
Parking
1
Land
1456m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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