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Multi-unit Property

40 Adelaide Street

Albion VIC 3020, Australia

- Parking
219 m² Land size
$496,500 Last sale (2025)
Multi-unit Complex profile

About this property

yardizepropertyrecord
40 Adelaide Street is in Albion, VIC and is presented as a Townhouse. The address refers to a multi-unit development with 4 properties set on a land parcel of 219 m². The estimated market value per unit is $820,000 and the estimated weekly rent per unit is $554 per week

Key details

Locality
Albion
State
VIC
Coordinates
37.78100424 / 144.81978733
GNAF PID
GAVIC410735387
Legal parcel ID
CM1\PS549650
Remoteness area
Metro
Property type
Townhouse
Land size
219 m²
Total units in building/complex
4 units
Unit land size
219 m² (estimate per unit)
Internet
NBN Hybrid Fibre Co‑axial (HFC)
Mobile coverage
5G mobile coverage
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
Detected
Land Use Category
Residential

Properties in Albion

Address
Type
Beds
Baths
Parking
Land Size
Price
Unit 2, 40 Adelaide Street
Albion VIC 3020
House
-
-
-
-
-
Unit 3, 40 Adelaide Street
Albion VIC 3020
House
-
-
-
-
-

Known units

Linked unit profiles for this multi-unit property.

2 known units

Market estimates

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

Expected weekly rent per unit
$554
Expected property value per unit
$820,000
Estimated yield
3.51%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

Sales figures shown here are for individual units within the property, not the whole site.

EventDatePricePrice per m²
Sale
18 Jul 2025
Unit 3/40
$496,500$2,267
Sale
1 Dec 2022
Individual unit transaction; unit not specified in source.
$450,000$2,054
Sale
29 Nov 2006
Unit 1/40
$190,000$867
Sale
29 Nov 2006
Individual unit transaction; unit not specified in source.
$196,500$897

Price per m² based on unit land size of 219 m².

Property insights

Property Features

  • Courtyard
  • Floorboards
  • Heating
  • Remote garage
  • Estimated weekly rental $430 pw for whole property: 2.75% rental yield
  • Car spaces: 1

Recorded sales and leasing agents

Recorded sale agency (2025 sale)
Bells Real Estate Sunshine recorded for the 2025 sale Homely
Recorded listing contacts
Dean Larti 0403 675 922 Tris Waters 0393 009 004

Ownership mix

Approximate occupancy mix for the overall building or complex
Owner-occupied
75%
Renter-occupied
25%

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

Real Estate Agencies

Ordered by:
Barry Plant - Keilor East
5.2 km
Barry Plant - St Albans
4.7 km
Barry Plant - Sunshine
1.1 km
VICPROP ST ALBANS & SUNSHINE
4.4 km
OBrien Real Estate - Sunshine
1.2 km
Moonee Valley Real Estate - Avondale Heights
4.3 km
Create Real Estate - Sunshine
1.2 km
White Knight Estate Agents - St Albans
4.7 km
Burnham Real Estate - Footscray, Seddon & Deer Park
6.9 km
Nicholas Scott Real Estate - Yarraville
7.0 km
Bells Real Estate - Sunshine
1.3 km
Douglas Kay Real Estate - Sunshine
2.5 km
One Agency Carlo Puglia Property
1.2 km
Ray White Sunshine
1.2 km
Rendina Real Estate - Kensington
9.7 km
TENACITY REAL ESTATE - Western Suburbs
1.9 km
DK Property Partners Melb
1.1 km
Nguyen Real Estate - Footscray
7.3 km
Raine and Horne - St Albans
4.6 km
JK Estate Agents - HOPPERS CROSSING
15.9 km
Holland Price Real Estate - BRUNSWICK EAST
13.4 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Albion Primary School
0.4 km
Primary school | Government
St Theresa's School
0.2 km
Primary school | Independent
St Bernadette's School
1.7 km
Primary school | Catholic
Marian College
1.3 km
Secondary school | Catholic
St Paul's Primary School
1.3 km
Primary school | Catholic
Sunshine Heights Primary School
1.3 km
Primary school | Government
Sunshine Primary School
1.5 km
Primary school | Government
Sunshine North Primary School
1.9 km
Primary school | Government
Mother of God School
1.7 km
Primary school | Independent
Sunshine Christian School
2.0 km
Primary school | Independent
Sunshine College
2.0 km
Secondary school | Government
Braybrook College
2.5 km
Secondary school | Government
Caroline Chisholm Catholic College
2.7 km
Secondary school | Independent
Sirius College - Ibrahim Dellal Campus
2.6 km
Combined school | Independent
Western English Language School
3.2 km
Special school | Government
St Albans Secondary College
4.0 km
Secondary school | Government
Catholic Regional College St Albans
5.0 km
Secondary school | Independent
Victoria University Secondary College
5.5 km
Secondary school | Government
Maribyrnong Secondary College
6.0 km
Secondary school | Government
Anderson Road Child Care Centre
0.7 km
* Approximate straight-line distances

Frequently asked questions

What kind of property is this?

40 Adelaide Street is listed as Townhouse in Albion, VIC

Bells real estate sunshine Homely
What building-wide details are listed?

40 Adelaide Street is described with 4 properties, land size of 219 m²

Bells real estate sunshine Homely
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate per unit is $820,000, the calculated weekly rent per unit is $554 per week, and the indicative gross yield is 3.51%

Bells real estate sunshine Homely
What recent sale price or sale history is recorded?

40 Adelaide Street has a recorded sale at $496,500 on 18 Jul 2025

Bells real estate sunshine Homely
What utilities, overlays, or risk details are noted?

Utilities and overlays include internet availability of NBN Hybrid Fibre Co‑axial (HFC), mobile coverage of 5G mobile coverage, and overlay details of bushfire None and flood None

Bells real estate sunshine Homely
What features are highlighted?

Air conditioning. Courtyard. Floorboards

Bells real estate sunshine Homely
What nearby amenities are mentioned?

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Bells real estate sunshine Homely
What nearby context is mentioned?

40 Adelaide Street is described with nearby context including John Darling and Son flour mill, Selwyn Park, H.V. McKay Memorial Gardens

Bells real estate sunshine Homely

Related profiles

Jump to the related profiles for 40 Adelaide Street, including the surrounding street and suburb pages.