About this property
Unit 3 at 40 Yarralea Street, Alphington is a low‑rise residential flat apartment comprising a single bedroom, one bathroom and a single car space. The unit occupies roughly 42 m² of internal living area and sits on a shared 796 m² block that houses the ten‑unit complex built in 1970. The most recent recorded sale was on 13 December 2003 for $195,000.
Current market estimates suggest a value around $322,000, with rental expectations between $400 and $435 per week, indicating a gross yield of approximately 6‑7 %. The building’s occupancy mix is roughly one‑third owner‑occupied and two‑thirds rented
Also written as Unit 3, 40 Yarralea Street.