5/42 The Parade, Ascot Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 1012m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Arguably in the best street in Ascot Vale, in a vibrant and premier location, this two bedroom residence sits on the second floor and provides boutique low density living. A spacious floor plan combines the kitchen and meals zones, provides two generous bedrooms which include built in robes and an inviting lounge enjoys elevated view. All this is serviced by a modern bathroom, with laundry facilities, separate toilet and dedicated carport for one car, plus featuring newly installed block out roller blinds for added privacy and new split system heating and cooling to be installed. A stroll to city-bound trams/trains, Union Road cafes, shopping and parklands, it offers exceptional lifestyle and investment appeal.
NB: As this property may be located in an area where car parking is at a premium, please make your own enquiries with the municipal council to determine if a resident parking permit is required for on street car parking.
The size of Ascot Vale is approximately 3.8 square kilometres. It has 16 parks covering nearly 20.3% of total area. The population of Ascot Vale in 2016 was 14750 people. By 2021 the population was 15197 showing a population growth of 3.0% in the area during that time. The predominant age group in Ascot Vale is 30-39 years. Households in Ascot Vale are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ascot Vale work in a professional occupation.In 2021, 59.80% of the homes in Ascot Vale were owner-occupied compared with 55.50% in 2016.
Ascot Vale has 8,442 properties. Over the last 5 years, Houses in Ascot Vale have seen a 10.85% increase in median value, while Units have seen a 7.16% increase. As at 31 January 2026:
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