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Apartment

7/7 Faussett Street

Albert Park VIC 3206, Australia

1 Bedrooms
1 Bathrooms
1 Parking
392 m² Land size
- Internal area

About this property

yardizepropertyrecord
7/7 Faussett Street is in Albert Park, VIC and is presented as an Apartment with 1 bedroom, 1 bathroom, 1 parking space, land size of 392 m². Price: $630k. The estimated market value is $630,000 and the estimated weekly rent is $564 per week

Also written as Unit 7, 7 Faussett Street.

Key details

Locality
Albert Park
State
VIC
Coordinates
37.84167646 / 144.9553024
GNAF PID
GAVIC410732826
Legal parcel ID
1\TP613253
Property type
Apartment
Unit land size
392 m²
Unit internal area
-
Built
1970
Mobile coverage
5G
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
HO442
Zoning
Residential
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$564
Expected property value
$630,000
Estimated yield
4.66%
Confidence
High

Based on the comparable property evidence currently available.

Rental history

EventDateWeekly rent
Lease
9 Nov 2025
(15 days) by Evoke Property
$545
Lease
6 Sep 2024
(15 days) by Evoke Property
$545
Lease
20 Sep 2022
$380
Lease
20 Jun 2022
Higher rent reflecting market trend.
$540
Lease
15 Nov 2021
Rent amount not published.
Lease
24 Jun 2019
$380
Lease
20 Aug 2018
$490
Lease
17 Jul 2017
$380

Property insights

Building profile

  • One‑bedroom flat apartment on the first floor of an eight‑unit block, built in 1970, under heritage overlay HO442, with a single car space and 5G mobile coverage
  • Built: 1970

Property Features

  • Located within 300 m of Albert Park Village, tram/light‑rail, South Melbourne Market, Albert Park Lake and the beach Marshall white
  • Block provides 7 off‑street parking bays for the eight‑unit complex
  • Strong rental demand: Continuously leased since 2017 with rents rising to $540 pw in 2022

Recorded sales and leasing agents

Recorded sale agency
Evoke Property
Recorded listing contacts
Lee Pellizzer Recommended local sales agent (1 local sale, 1 review) Oliver Bruce 0409856599 Contact for the whole 7‑9 Faussett Street block (sold status) Damian O’Sullivan 0418566916 Contact for the whole 7‑9 Faussett Street block Rate my agent Marshall white

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
65%
Renter-occupied
65%

Area insights

The surrounding precinct places civic services within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
Gary Peer & Associates (St Kilda) - ST KILDA
3.5 km
Marshall White - Port Phillip
0.2 km
Buxton - Port Melbourne
1.1 km
Jellis Craig - Port Phillip
0.1 km
BigginScott - Richmond
3.8 km
Kay & Burton - Bayside
4.7 km
Nick Johnstone Real Estate - Brighton
8.0 km
WHITEFOX Real Estate - Port Phillip
0.1 km
James Nicolaou Real Estate - Port Phillip
1.5 km
Belle Property - Albert Park
0.2 km
Wilson Agents - Glen Eira
6.9 km
Melbourne Residential Real Estate - Southbank
3.4 km
Hodges - Prahran/South Yarra
3.4 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Albert Park Primary School
0.3 km
Primary school | Government
South Melbourne Park Primary School
0.7 km
Primary school | Government
Galilee Regional Catholic Primary School
0.7 km
Primary school | Independent
Middle Park Primary School
0.7 km
Primary school | Government
Albert Park College
0.8 km
Secondary school | Government
Port Phillip Specialist School
1.3 km
Special school | Government
Montague Continuing Education Centre
1.3 km
Special school | Government
South Melbourne Primary School
1.4 km
Primary school | Government
Macrobertson Girls High School
1.6 km
Secondary school | Government
Victorian College of the Arts Secondary School
1.7 km
Secondary school | Government
Melbourne Grammar School
1.9 km
Combined school | Independent
Port Melbourne Primary School
2.1 km
Primary school | Government
Wesley College
2.2 km
Combined school | Independent
St Kilda Park Primary School
2.7 km
Primary school | Government
South Yarra Primary School
2.7 km
Primary school | Government
Port Melbourne Secondary College
2.3 km
Secondary school | Government
Melbourne Girls' Grammar School - An Anglican School
2.8 km
Combined school | Independent
Ozford College
3.2 km
Secondary school | Independent
Prahran High School
3.4 km
Secondary school | Government
Haileybury College - City Campus
3.4 km
Combined school | Independent
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

7/7 Faussett Street is described with 1 bedroom, 1 bathroom, 1 parking space, land size of 392 m², built around 1970

What tram or light‑rail station is nearest to the property?

Albert Park light rail station is the closest stop, providing frequent tram services along the Route 96 corridor

Where is the nearest post office?

Albert Park Post Office is located a short walk from the address

Which heritage‑listed sites are close by?

Biltmore, a heritage‑listed former temperance hotel, is immediately adjacent to the property

What nearby entertainment venues are within walking distance?

Hoyts Park Theatre and Kinema are historic cinema venues located nearby

What kind of property is this?

7/7 Faussett Street is listed as Apartment in Albert Park, VIC

What asking price or listing price is shown?

7/7 Faussett Street includes price $630k

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $630,000, the calculated weekly rent is $564 per week, and the indicative gross yield is 4.66%

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