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Dom · Below-market deals

Updated Wed 14 Oct 2026, 12:58 PM

← Hot Buyers · Ranked. Prices are from public listings and trackers, checked 14 Oct 2026. REA, Domain, realcommercial and commercialrealestate block automated access, so confirm each one before acting.

#PropertyTypePriceWhy it looks cheap
1329 High St, NorthcoteCommercial (leased retail/hospitality freehold)Mortgagee auction Thu 15 Oct 12pmMortgagee sale; 2-storey C1Z freehold on 300 sqm, leased to Tao Dumplings. Auction is tomorrow, so act now.
2710/145 Queensberry St, CarltonResidential, 2 bed apartment + carContact agent; offers close Fri 16 OctAdvertised 'CLEAR INSTRUCTIONS – VENDOR MUST SELL' (Chadwick & Co). 78 sqm, north-facing.
31203/39 Park St, South MelbourneResidential, 3 bed apartment$1,600,000Cut from $1,995,000 to $1,700,000, then to $1,600,000 (about 20% off the first price), per Spachus price-reduction tracker.
46 Hook St, St AlbansDevelopment land, 585 sqmMortgagee auction, $580,000–$620,000Mortgagee sale with approved plans for an 8-room rooming house.
510 Romsey St, Noble ParkDevelopment, 6 part-built townhouses on 734 sqmMortgagee auction, price on applicationMortgagee sale; basement, structure and roof done, plastering started. Builder could finish and sell.
6Suite 903 (L9), 474 Flinders St, MelbourneCommercial office, 222 sqmPrice on applicationReceivership sale (Newpoint Advisory as receiver); lease ends Jan 2027 with no options, so occupy or re-lease.
7703/51 Thistlethwaite St, South MelbourneResidential apartment$995,000Cut from $1,100,000 (-9.6%), per Spachus.
81111/38 Bank St, South MelbourneResidential apartment$898,000Cut from $988,000 (-9.1%), per Spachus.
9512 Mahoneys Rd, CampbellfieldResidential, 3 bed house$729,000Cut from $800,000 (-8.9%), per Spachus.
1024 Roebourne Cres, CampbellfieldResidential house$670,000Cut from $730,000 (-8.2%), per Spachus.
11109/79 Market St, South MelbourneResidential apartment$450,000Cut from $490,000 (-8.2%), per Spachus.
12615 Derrimut Rd, TarneitDevelopment site, 3.78 ha, mixed useEOI closes 4 Nov 2026, 2pmMortgagee sale (Colliers), opposite Tarneit Station. Large ticket.
13101/771 Toorak Rd, Hawthorn EastResidential, 3 bed apartment$790,000–$815,000Mortgagee sale listed 25 May 2026 (search snippet only; page blocked, check it is still available).
142201/620 Collins St, MelbourneResidential, 2 bed/2 bath + car$620,000–$670,000Mortgagee sale (KordaMentha), price cut once. Caution: StMate's model puts value about $560k, so it is not clearly below market.
1521 Glendale Ave, TemplestoweDevelopment land, 836 sqm, permit for 6 townhousesMortgagee auction, price on applicationMortgagee sale. No date on the page, so it may be an old listing; confirm with Stonebridge.