Albert Park VIC 3206, Australia
Also written as Unit 2, 7 Faussett Street.
Based on curated rent estimate, web rent evidence, web value evidence.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 27 Mar 2020 Sale recorded as private treaty; agency unknown | $4,000,000 | — |
2/7 Faussett Street is described with 1 bedroom, 1 bathroom, 1 parking space, built around 1970
Albert Park Primary School is the nearest government primary school, located about 0.3 km away
En.wikipedia.orgAlbert Park College is the closest government secondary school, approximately 0.8 km from the property
En.wikipedia.orgAlbert Park is situated about 4 km south of Melbourne’s CBD
En.wikipedia.orgThe Bridport St/Montague St tram stop is roughly 0.1 km away, providing access to tram routes serving the suburb
Yes, the building falls within a heritage‑listed area of Albert Park
En.wikipedia.org2/7 Faussett Street is listed as Apartment in Albert Park, VIC
The calculated market estimate is $840,000, the calculated weekly rent is $642 per week, and the indicative gross yield is 3.97%
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