827/38 Mt Alexander Road, travancore VIC

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Location

Market Insights for Travancore VIC 3032

New Listings (last 30 days)

Average price

$538,182

Lowest price

$310,000

Highest price

$1,460,000

827/38 Mt Alexander Road, Travancore VIC 3032

$375,000 - $399,000

Search Band

$375k - $394k Transparent Based on an openly advertised listing price.

Apartment 2 beds 1 bath 1 car

Listed: 29th Jul 2026

Updated: 22 hours ago

Overview

This well-positioned apartment on the eighth floor of the renowned Sienna building offers a blend of modern style and practicality that suits both owner-occupiers and investors. The elevated aspect brings sweeping views over Flemington and lush surrounding parklands, enhancing the tranquil living experience within a bustling urban setting.

The interior features a thoughtfully designed open-plan living and dining area, creating a bright and airy space where the breathtaking vistas can be fully enjoyed. The kitchen complements this design with stone benchtops, gas burners, and stainless steel appliances, ensuring efficient functionality for everyday meal preparation.

Two generously sized bedrooms with built-in wardrobes, including a main with balcony access showcasing picturesque outlooks
A well-appointed bathroom featuring a bath, adding to the apartment's comfort and convenience
Secure undercover car parking, along with air conditioning, heating, and a security intercom system, adds to the convenience and safety of the residence

Its location is particularly advantageous, nestled amid scenic parklands and close to public transport options including Flemington Bridge station and trams, along with shopping, schools, and a variety of cafes and restaurants. Currently tenanted at $511 per week, the apartment presents a cash flow positive investment opportunity with potential for leveraging.

Overall, this property offers a ready-to-enjoy lifestyle encapsulating comfort, convenience, and captivating views in a sought-after locale.

Local Market Insights

In Travancore, Quiet Listings observed 11 new apartments entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $538,182. The property type mix of listed properties is predominantly Houses at 53%, followed by apartments (26%), and townhouses (7%). The most active agency for apartments in the Travancore area is currently Jellis Craig, representing 27% of new listings, followed by Nelson Alexander with 27%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.