Apartment

1/40 Yarralea Street

Alphington VIC 3078, Australia

1 Bedrooms

1 Bathrooms

1 Parking

796 m² Land size

- Internal area

$290,000 Last sale (2024)

About this property

Unit 1 at 40 Yarralea Street is a ground‑floor one‑bedroom apartment with a single bathroom and one off‑street surface parking space. The unit features updated interior finishes such as flash floorboards, a modern kitchen with stainless‑steel gas cooking, built‑in robes and a split‑system heating and cooling system.

It is currently leased and was advertised for $400 per week in November 2024. The most recent sale recorded was $290,000 in October 2024. The building contains 11 units in total and is within easy walking distance to Alphington railway station, local shops and Yarra River walking trails

Key details

Locality: Alphington
State: VIC
Coordinates: 37.782792 / 145.031988
GNAF PID: GAVIC410741467
Legal parcel ID: 1\RP2688
Remoteness area: Metro
Property type: Apartment
Unit land size: 796 m²
Unit internal area: -
Heritage overlay: Detected
Land Use Category: Residential

Market estimates

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

Expected weekly rent

$452

Expected property value

$295,000

Estimated yield

7.97%

Confidence

Medium

Based on the comparable property evidence currently available.

Sales history

Event	Date	Price	Price per m²
Sale	1 Oct 2024 Contracted 07 Oct 2024. Private treaty, listed by Jellis Craig	$290,000	—
Sale	5 Jul 2014 Private treaty, listed by Miles Real Estate Ivanhoe	$300,000	—
Sale	28 Jun 1984	$33,000	—
Sale	3 Sep 1975	$15,250	—

Property insights

Building profile

Unit 1 at 40 Yarralea Street in Alphington is a ground‑floor one‑bedroom apartment with one bathroom and one off‑street surface parking space Gandhpropertygroup.com.au Jelliscraig.com.au

Property Features

Flash floorboards throughout Gandhpropertygroup.com.au Jelliscraig.com.au
Modern kitchen with stainless‑steel gas cooking
Sparkling bathroom with shower over bath
Split‑system heating and cooling
Off‑street surface parking (1 car space)
Walking distance to Alphington station, shops and Yarra River trails
Ground‑floor 1‑bedroom apartment: Leased at $400/week, recent sale $290k, close to transport and amenities

Recorded sales and leasing agents

Recorded sale agency (2024 sale): G&H Property Group recorded for the 2024 sale G& h property group listing ( p1)
Recorded listing contacts: Luke Carlson 0412 840 465 Direct line listed on G&H page

Ownership mix

Approximate occupancy mix for the surrounding area

Owner-occupied

65%

Renter-occupied

35%

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

YarraBend housing development in Alphington, Melbourne, Victoria, Australia; 0.4 km away
Alphington Paper Mill Former Paper Mill in Alphington owned by AMCOR; 0.4 km away
Darebin Creek Bridge Bridge in Melbourne, Australia; 0.6 km away
WPGA Melbourne International women's professional golf tournament; 0.6 km away

Read suburb profile

Real Estate Agencies

Ordered by:

Nelson Alexander - Northcote

3.1 km

119 High Street, Northcote, VIC 3070

Nelson Alexander - Preston

6.9 km

140 Regent Street, Preston, VIC 3072

Nelson Alexander - Ivanhoe

1.8 km

Level 1 / 154 Upper Heidelberg Rd, Ivanhoe, VIC 3079

Jellis Craig - Boroondara

7.1 km

Hawthorn 3121, Balwyn 3103, Glen Iris 3146, Surrey Hills, VIC 3127

Jellis Craig - Northcote

3.3 km

427-431 High St, Northcote, VIC 3070

Jellis Craig - Ivanhoe & Rosanna

1.9 km

153 Upper Heidelberg Road, Ivanhoe, VIC 3079

Marshall White - Balwyn

5.6 km

379-381 Whitehorse Road, Balwyn, VIC 3103

The Agency - Victoria

6.8 km

Vic Head Office | Level 3/489 Toorak Road, Toorak, VIC 3142

Barry Plant - Glenroy

13.4 km

781 Pascoe Vale Rd, Glenroy, VIC 3046

Kay & Burton - Boroondara

5.0 km

553 Glenferrie Road, Hawthorn, VIC 3122

WHITEFOX Northside - CARLTON

5.8 km

332 Drummond Street, Carlton, VIC 3053

Barry Plant Northcote & Preston - NORTHCOTE

3.5 km

509 High Street, Northcote, VIC 3070

Woodards - Carlton

4.9 km

631-633 Nicholson Street, Carlton North, VIC 3054

Miles Real Estate - Ivanhoe & Rosanna

3.1 km

143 Upper Heidelberg Road, Ivanhoe, VIC 3079

Woodards - Blackburn

11.3 km

100 South Parade, Blackburn, VIC 3130

Biggin & Scott - Manningham

11.3 km

Suite 1, 1004 Doncaster Road, Doncaster East, VIC 3109

Woodards - Northcote Thornbury

3.4 km

460 High Street, Northcote, VIC 3070

Scott Kim Real Estate - MOUNT WAVERLEY

14.1 km

5 Barlyn Road, Mount Waverley, VIC 3149

RT Edgar - Northside

3.4 km

476-478 High Street, Northcote, VIC 3070

Harcourts Manningham - DONCASTER EAST

11.6 km

288 Blackburn Road, Doncaster East, VIC 3109

OBrien Real Estate - Blackburn

11.8 km

98 South Parade, Blackburn, VIC 3130

McGrath - Northcote

3.2 km

318-320 High Street, Northcote, VIC 3070

Collings Real Estate

2.3 km

OFFICE LOCATIONS: IVANHOE, Northcote, VIC 3070

First National Avant - BOX HILL

9.1 km

542 Station Street, Box Hill, VIC 3128

* Approximate straight-line distances

Nearby schools

Type:

Ordered by:

Alphington Primary School

0.1 km

Primary school | Government

Alphington Grammar School

0.5 km

Combined school | Independent

St Anthony's School

1.1 km

Primary school | Catholic

Fairfield Primary School

1.1 km

Primary school | Government

Mary Immaculate School

1.3 km

Primary school | Independent

Ivanhoe Grammar School

1.6 km

Combined school | Independent

St Anne's Parish School

2.0 km

Primary school | Catholic

Ivanhoe Primary School

2.1 km

Primary school | Government

St Bernadette's School

2.2 km

Primary school | Catholic

Kew East Primary School

2.2 km

Primary school | Government

Ivanhoe Girls' Grammar School

2.2 km

Combined school | Independent

Virtual School Victoria

2.4 km

Combined school | Government

Santa Maria College

3.0 km

Secondary school | Independent

Kew High School

3.0 km

Secondary school | Government

Thornbury High School

3.1 km

Secondary school | Government

Trinity Grammar School

3.1 km

Combined school | Independent

Ruyton Girls' School

3.3 km

Combined school | Independent

Xavier College

3.3 km

Combined school | Independent

Yarralea Children's Centre

0.1 km

Gum Nut Pre-School & Childcare

0.3 km

* Approximate straight-line distances

Frequently asked questions

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

1/40 Yarralea Street is described with 1 bedroom, 1 bathroom, 1 parking space, land size of 796 m²

In which suburb is 1/40 Yarralea Street located?

The property is located in the suburb of Alphington, Victoria

Which primary school is closest to the property?

Alphington Primary School is the nearest primary school, situated about 0.1 km away

What railway station is within walking distance of the address?

Alphington railway station on the Hurstbridge line is approximately 0.3 km from the property, a short walk away

What kind of property is this?

1/40 Yarralea Street is listed as Apartment in Alphington, VIC

What asking price or listing price is shown?

1/40 Yarralea Street includes Sold for $290,000 on 7 Oct 2024

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $295,000, the calculated weekly rent is $452 per week, and the indicative gross yield is 7.97%

What recent sale price or sale history is recorded?

1/40 Yarralea Street has a recorded sale at $290,000 on Oct 2024

Related profiles

Jump to the related profiles for this address.

Root property

40 Yarralea Street

View the main multi-unit property profile covering 10 tracked units.

View root property

Suburb profile

Alphington

Browse the suburb profile, property mix, and related area data.

View suburb profile

Street profile

Yarralea Street

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View street profile