314/1 Ascot Vale Road, Flemington, VIC 3031 | Apartment for sale | OnTheHouse
 
FOR SALE
$469,990

314/1 Ascot Vale Road
Flemington VIC 3031

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Experience the Best of ONLY Flemington

Positioned within the sought-after ONLY Flemington complex, this stylish apartment delivers the perfect combination of contemporary design, premium resident facilities and an unbeatable inner-city lifestyle. Offering two generous bedrooms, two modern bathrooms, a secure car space (not stacker) and a valuable storage cage, this is an outstanding opportunity for owner-occupiers seeking low-maintenance living or investors looking to secure a quality property in a highly convenient location.
The light-filled open plan living and dining area is complemented by herringbone timber flooring and flows seamlessly to a private balcony, creating the perfect space to relax, entertain or simply enjoy the surrounding outlook. The sleek kitchen has been thoughtfully designed with stone benchtops, quality stainless steel appliances and ample storage, providing both style and practicality for everyday living.
Both bedrooms are generously proportioned with built-in robes, while the master bedroom enjoys the added comfort and privacy of its own contemporary ensuite. A second central bathroom services the remainder of the apartment, and additional features include reverse-cycle heating and cooling, a European laundry, secure basement parking and a separate storage cage.
Residents of ONLY Flemington enjoy exclusive access to an impressive range of resort-style facilities, including the spectacular 19th-floor sky deck with breathtaking panoramic views, an infinity pool, fully equipped gymnasium, residents' retreat, entertainment areas and landscaped communal spaces that create an exceptional lifestyle rarely found so close to the CBD.
Perfectly positioned just approximately 4 kilometres from Melbourne's CBD, the apartment is within easy walking distance of Newmarket Plaza, trams, trains, cafés, restaurants, parklands and the iconic Flemington Racecourse. With effortless access to CityLink and Melbourne's major education and hospital precincts, this outstanding residence offers the ideal blend of convenience, comfort and lifestyle in one of Melbourne's most connected locations.
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Property Details for 314/1 Ascot Vale Rd, Flemington

314/1 Ascot Vale Rd, Flemington is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Pagan Real Estate.

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Apartment
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About Flemington 3031

The size of Flemington is approximately 2.9 square kilometres. There are 13 parks, covering nearly 5.2% of the total area. The population of Flemington in 2016 was 7719 people. By 2021 the population was 7025 showing a population decline of 9.0% in the area during that time. The predominant age group in Flemington is 30-39 years. Households in Flemington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flemington work in a professional occupation.In 2021, 36.90% of the homes in Flemington were owner-occupied compared with 33.40% in 2016.

Flemington has 5,725 properties. Over the last 5 years, Houses in Flemington have seen a -12.29% decrease in median value, while Units have seen a 0.67% increase. As at 31 July 2026:

  • The median value for Houses in Flemington is $1,112,049 while the median value for Units is $416,587.
  • Houses have a median rent of $680 while Units have a median rent of $523.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Flemington on OnTheHouse. According to Cotality's data, 288 properties were sold in the past 12 months in Flemington.

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Ryan Pagan
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Thomas Maher
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