About this property
394 Ferrars Street is in Albert Park, VIC and is presented as a House with 2 bedrooms, 1 bathroom. Price: $1,520,000. The estimated market value is $1,760,000 and the estimated weekly rent is $944 per week
Residential Property
394 Ferrars Street
Albert Park VIC 3206, Australia
2Bedrooms
1Bathrooms
-Parking
104 m²Land size
-Internal area
$1,612,000Last sale (2018)
Snapshot
Key points for 394 Ferrars Street.
- 2 bedrooms, 1 bathroom
- Estimated market value: $1,760,000
- Recorded price: $1,520,000
- Victorian period features and fixtures
- Under‑floor wine cellar
Key details
- Locality
- Albert Park
- State
- VIC
- Coordinates
- 37.841488 / 144.95860971
- GNAF PID
- GAVIC410735940
- Legal parcel ID
- 1\PS441354
- Remoteness area
- Metro
- Property type
- House
- Land size
- 104 m²
- Internal area
- -
- Bushfire risk
- None detected
- Flood risk
- None detected
- Heritage overlay
- Detected
- Land Use Category
- Residential
Market estimates
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.
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
$944
Expected property value
$1,760,000
Estimated yield
2.79%
Confidence
Medium
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 26 May 2018 Sold by agent Gary Peer. | $1,612,000 | $15,500 |
| Sale | 1 Jan 2005 Contracted 15 Jan 2005. Agency not recorded. | $640,000 | $6,153 |
Price per m² based on land size of 104 m².
Property insights
Property Features
- Victorian period features and fixtures
- Under‑floor wine cellar
- Italian stone kitchen island and stainless‑steel appliances
- Garden with dual street frontage onto Dundas Place
- Second upstairs living area with separate entrance
- Main bedroom with walk‑in dressing room
- Second bedroom with balcony and French doors
- Double‑shower bathroom and European laundry
Recorded sales and leasing agents
- Recorded sale agency (2018 sale)
- Gary Peer recorded for the 2018 sale latest recorded transaction: 26 May 2018, $1,612,000
- Recorded listing contacts
- Gary Peer Selling agent for the May 2018 auction
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
- Melbourne Sports & Aquatic Centretram stop; 0.2 km away
- Canterbury Rd/Albert Rd (Albert Park)tram stop in Melbourne, Australia; 0.1 km away
- Melbourne Sports & Aquatic Centre/Albert Rd (Albert Park)tram stop in Melbourne, Australia; 0.2 km away
- Hoyts Park Theatreformer cinema; 0.2 km away
- Balladoniaheritage site; 0.1 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
0.8 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
How many bedrooms, bathrooms, parking spaces, or other key details are listed?
394 Ferrars Street is described with 2 bedrooms, 1 bathroom
What tram stop is closest to 394 Ferrars Street?
The Canterbury Rd/Albert Rd tram stop is approximately 0.1 km away
Which suburb is the property located in and what are its characteristics?
The property is in Albert Park, an inner‑south‑east Melbourne suburb known for heritage buildings, wide streets, parks and proximity to the CBD
En.wikipedia.orgWhat kind of property is this?
394 Ferrars Street is listed as House in Albert Park, VIC
What asking price or listing price is shown?
394 Ferrars Street includes price $1,520,000, Sold for $1,612,000 on 26 May 2018
What Calculated market estimate or Estimated weekly rent is available?
The calculated market estimate is $1,760,000, the calculated weekly rent is $944 per week, and the indicative gross yield is 2.79%
What recent sale price or sale history is recorded?
394 Ferrars Street has a recorded sale at $1,612,000 on 26 May 2018
What utilities, overlays, or risk details are noted?
Utilities and overlays include overlay details of bushfire Not detected, flood Not detected, and heritage Detected
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