Albert Park VIC 3206, Australia
Key points for 7/87 Merton Street.
Also written as Unit 7, 87 Merton 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 | Weekly rent |
|---|---|---|
| Lease | 1 Sep 2023 | $360 |
| Lease | 22 Aug 2023 | — |
| Lease | 15 Mar 2022 | $320 |
| Lease | 15 Feb 2022 | — |
| Lease | 28 Jan 2021 | $310 |
| Lease | 9 Oct 2020 | — |
| Lease | 15 May 2014 | — |
| Lease | 24 Feb 2014 | — |
| Lease | 31 Dec 2011 | — |
| Lease | 20 Oct 2011 | — |
The apartment has one bedroom
Albert Park Primary School is the nearest primary school, located about 0.3 km away
The property is situated in Albert Park, an inner‑south suburb of Melbourne, Victoria
En.wikipedia.orgTram stops at Bridport St/Victoria Ave, Richardson St/Victoria Ave and Carter St/Mills St are within 0.3–0.4 km of the unit
7/87 Merton Street is listed as Apartment in Albert Park, VIC
7/87 Merton Street is described with 1 bedroom, 1 bathroom, built around 1970
7/87 Merton Street includes price $530,000
The calculated market estimate is $620,000, the calculated weekly rent is $446 per week, and the indicative gross yield is 3.74%
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