Albion VIC 3020, Australia
Also written as Unit 2, 40 King Edward Avenue.
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.
2/40 King Edward Avenue is described with land size of ≈ 836 m²
The unit is close to several local points of interest: John Darling and Son flour mill (heritage‑listed, 0.5 km), H.V. McKay Memorial Gardens (0.6 km), Selwyn Park (0.7 km), Chaplin Reserve – a soccer stadium (0.7 km), and Sunshine Marketplace shopping centre (0.8 km)
Ballarat Road runs along the northern edge of Albion and is approximately 0.9 km from the property, offering primary vehicular access to the suburb
2/40 King Edward Avenue is listed as Apartment in Albion, VIC
The calculated market estimate is $520,000, the calculated weekly rent is $500 per week, and the indicative gross yield is 5%
Utilities and overlays include internet availability of Hybrid Fibre Coaxial (HFC) – up to 1 Gbps download, 50 Mbps upload (updated Aug 2024), mobile coverage of 5G, and overlay details of bushfire Not detected and flood Not detected
The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
2/40 King Edward Avenue is described with nearby context including John Darling and Son flour mill, H.V. McKay Memorial Gardens, Selwyn Park
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