About this property
392 Ferrars Street is in Albert Park, VIC and is presented as a House with 3 bedrooms, 2 bathrooms, 1 parking space. Price: $1,960,000. The estimated market value is $2,270,000 and the estimated weekly rent is $1,530 per week
Residential Property
392 Ferrars Street
Albert Park VIC 3206, Australia
3Bedrooms
2Bathrooms
1Parking
124 m²Land size
-Internal area
$1,532,000Last sale (2016)
Snapshot
Key points for 392 Ferrars Street.
- 3 bedrooms, 2 bathrooms, 1 parking space
- Estimated market value: $2,270,000
- Recorded price: $1,960,000
- Balcony
- Heating
Key details
- Locality
- Albert Park
- State
- VIC
- Coordinates
- 37.84144085 / 144.9585826
- GNAF PID
- GAVIC410733289
- Legal parcel ID
- 2\PS441354
- Remoteness area
- Metro
- Property type
- House
- Land size
- 124 m²
- Internal area
- -
- Bushfire risk
- None detected
- Flood risk
- None detected
- Heritage overlay
- Present
- Land Use Category
- Residential
Market estimates
Based on web rent evidence, web value evidence.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
High confidence
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
Medium confidence
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
Low confidence
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.
Expected weekly rent
$1,530
Expected property value
$2,270,000
Estimated yield
3.5%
Confidence
Low
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 1 Oct 2016 Contracted 19 Oct 2016. Sold by Jellis Craig Port Melbourne | $1,532,000 | $12,354 |
| Sale | 1 Oct 2007 Contracted 03 Oct 2007. Agency unknown | $982,500 | $7,923 |
| Sale | 16 Dec 2002 | $650,000 | $5,241 |
| Sale | 30 Nov 1999 | $495,000 | $3,991 |
Price per m² based on land size of 124 m².
Property insights
Property Features
- Balcony
- Heating
- Valuation Update (Apr 2026): Mid‑point valuation of $2.27 M (range $1.96 M – $2.58 M) – medium accuracy
- Rental Yield: Estimated weekly rent $1,530 (≈3.5 % yield)
- Car spaces: 1
Recorded sales and leasing agents
- Recorded listing contacts
- Jellis Craig Port Melbourne Selling agent for the October 2016 auction sale
Area insights
The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
- Canterbury Rd/Albert Rd tram stopnearby public transport; 0.1 km away
- Melbourne Sports & Aquatic Centre tram stopnearby amenity; 0.2 km away
- Canterbury Rd/Albert Rd (Albert Park)tram stop in Melbourne, Australia; 0.1 km away
- Hoyts Park Theatreformer cinema; 0.2 km away
- Melbourne Sports & Aquatic Centre/Albert Rd (Albert Park)tram stop in Melbourne, Australia; 0.2 km away
Real Estate Agencies
Ordered by:
Melbourne Residential Real Estate - Southbank
3.3 km
* Approximate straight-line distances
Nearby schools
Type:
Ordered by:
Galilee Regional Catholic Primary School
0.7 km
Primary school | Independent
Macrobertson Girls High School
1.3 km
Secondary school | Government
South Melbourne Primary School
1.4 km
Primary school | Government
Victorian College of the Arts Secondary School
1.5 km
Secondary school | Government
Melbourne Grammar School
1.6 km
Combined school | Independent
Christ Church Grammar School
2.4 km
Primary school | Independent
Melbourne Girls' Grammar School - An Anglican School
2.5 km
Combined school | Independent
Melbourne High School
3.3 km
Secondary school | Government
* Approximate straight-line distances
Frequently asked questions
What is the recent sale price of 392 Ferrars Street?
The property sold at auction in October 2016 for $1.532 million
Which suburb is 392 Ferrars Street located in and what are its characteristics?
The address is in Albert Park, an inner Melbourne suburb known for heritage buildings, wide streets, and proximity to Albert Park lake and the Australian Grand Prix circuit
En.wikipedia.orgWhat kind of property is this?
392 Ferrars Street is listed as House in Albert Park, VIC
How many bedrooms, bathrooms, parking spaces, or other key details are listed?
392 Ferrars Street is described with 3 bedrooms, 2 bathrooms, 1 parking space
What asking price or listing price is shown?
392 Ferrars Street includes price $1,960,000, Sold for $1,532,000 on 19 Oct 2016
What Calculated market estimate or Estimated weekly rent is available?
The calculated market estimate is $2,270,000, the calculated weekly rent is $1,530 per week, and the indicative gross yield is 3.5%
What recent sale price or sale history is recorded?
392 Ferrars Street has a recorded sale at $1,532,000 on Oct 2016
What utilities, overlays, or risk details are noted?
Utilities and overlays include overlay details of bushfire None detected, flood None detected, and heritage Present
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