14/232 Ascot Vale Road, Ascot Vale VIC 3032

1-bed unit in Ascot Vale complex | recent comps confirm floor | strong rental yield | no heritage overlay | NBN connected The buying case for this unit rests on its position within a proven rental corridor and the clarity provided by recent building sales. Unit 13’s November 2025 sale at $260,000 establishes a reliable floor for valuation, while current rents of $330–$370 per week for comparable units in the same complex demonstrate consistent tenant demand. The absence of heritage or flood overlays removes common approval friction, and the Fibre to the Curb connection supports modern tenant expectations. This property suits an investor seeking a low-maintenance entry into Melbourne’s inner-north-west market, where one-bedroom apartments have shown stable occupancy and moderate capital growth. The primary risk is the lack of a recent direct sale for this unit, meaning the buyer relies on building comparables rather than unit-specific transaction history. The wide indicative price range of $299,000–$565,000 signals possible listing uncertainty or condition variability. However, the opportunity lies in the spread between the $260,000 building comp and the upper rental estimate of $465 per week, which implies a gross yield above 5% if acquired near the lower end of the range. Buyers should verify the unit’s condition against the “beautifully renovated” description and confirm strata fees before proceeding.