About this property
48B Draper Street is in Albert Park, VIC and is presented as an Apartment with 1 bedroom, 1 bathroom, land size of 207 m². The estimated market value is $570,000 and the estimated weekly rent is $505 per week
Apartment
48B Draper Street
Albert Park VIC 3206, Australia
1
Bedrooms
1
Bathrooms
-
Parking
207 m²
Land size
-
Internal area
Key details
- Locality
- Albert Park
- State
- VIC
- Coordinates
Latitude and longitude for the mapped property location.
- 37.83799846 / 144.953721
- GNAF PID
A unique ID for this address in Australia's national address database.
- GAVIC410729710
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- 2\PS312247
- Property type
- Apartment
- Land size
- 207 m²
- Internal area
- -
- Built
- 1970
- Mobile coverage
- 5G
- Bushfire risk
- None detected
- Flood risk
- None detected
- Heritage overlay
- Detected
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- 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
$505
Expected property value
$570,000
Estimated yield
4.61%
Confidence
Medium
Based on the comparable property evidence currently available.
Property insights
Building profile
- Built: 1970
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
- Montague St/Park St tram stop nearby public transport; 0.2 km away
- Montague St/Park St (South Melbourne) tram stop in Melbourne, Australia; 0.2 km away
- St Vincent Gardens historic garden precinct; 0.2 km away
- St Vincent Place heritage‑listed square; 0.2 km away
- Biltmore heritage‑listed former temperance hotel; 0.3 km away
Real Estate Agencies
Ordered by:
Popularity is a formula combining local activity, sales speed, and rental speed signals.
Melbourne Residential Real Estate - Southbank
3.1 km
* Approximate straight-line distances
Nearby schools
Type:
Ordered by:
Busy Bees at Port Melbourne
0.7 km
* Approximate straight-line distances
Frequently asked questions
How many bedrooms, bathrooms, parking spaces, or other key details are listed?
48B Draper Street is described with 1 bedroom, 1 bathroom, land size of 207 m², built around 1970
What is the population of Albert Park?
Albert Park recorded a population of 6,044 at the 2021 census
En.wikipedia.orgWhich tram routes serve Albert Park?
Albert Park is serviced by tram routes 1 (Victoria Avenue), 12 (Mills Street) and 96 (Canterbury Road), with nearby stops such as Montague St/Park St
En.wikipedia.orgWhat heritage‑listed sites are within walking distance of 48B Draper Street?
Heritage‑listed sites near the address include Biltmore (former temperance hotel), St Vincent Gardens, and the St Vincent Place Precinct
How far is St Vincent Gardens from 48B Draper Street?
St Vincent Gardens is approximately 0.2 km from the property
Which tram stop is closest to the property?
The Montague St/Park St tram stop is the nearest, about 0.2 km away
What kind of property is this?
48B Draper Street is listed as Apartment in Albert Park, VIC
What Calculated market estimate or Estimated weekly rent is available?
The calculated market estimate is $570,000, the calculated weekly rent is $505 per week, and the indicative gross yield is 4.61%
Related profiles
Jump to the related profiles for this address.