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Apartment

5/518 Heidelberg Road

Alphington VIC 3078, Australia

2 Bedrooms
1 Bathrooms
1 Parking
814 m² Land size
- Internal area
$161,000 Last sale (2000)

About this property

yardizepropertyrecord
5/518 Heidelberg Road is in Alphington, VIC and is presented as an Apartment with 2 bedrooms, 1 bathroom, 1 parking space, land size of 814 m² (shared block). Price: $490,000. The estimated market value is $570,000 and the estimated weekly rent is $536 per week

Also written as Unit 5, 518 Heidelberg Road.

Key details

Locality
Alphington
State
VIC
Coordinates
37.782827 / 145.021143
GNAF PID
GAVIC410738613
Legal parcel ID
5\RP12899
Remoteness area
Metro
Property type
Apartment
Unit land size
814 m²
Unit internal area
-
Built
1970
Internet
NBN Hybrid Fibre Co‑axial (HFC) up to 1 Gbps download, 50 Mbps upload (updated Aug 2024)
Mobile coverage
5G mobile coverage confirmed
Bushfire risk
None detected
Flood risk
Special building risk – flood management
Heritage overlay
None detected
Zoning
General Residential (GR)
Land Use Category
Residential

Market estimates

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

Expected weekly rent
$536
Expected property value
$570,000
Estimated yield
4.89%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
15 Apr 2000
Unit 5/518
$161,000
Sale
12 Feb 1995
Unit 5/518
$106,000

Rental history

EventDateWeekly rent
Lease
6 Aug 2025
Lease
1 Jul 2025
Managed by Nasra Asset Management.
$500/week
Lease
1 Jun 2024
Managed by Nasra Asset Management.
$480/week
Lease
12 Jan 2023
price not disclosed; Managed by Savoy Real Estate.
Lease
11 Mar 2021
Managed by LITTLE Real Estate Victoria.
$320/week

Property insights

Building profile

  • Unit 5 at 518 Heidelberg Road, Alphington is a 2‑bedroom, 1‑bathroom apartment built in 1970, part of an eight‑unit low‑rise masonry block
  • Built in 1970: Low‑rise masonry‑brick apartment block typical of 1970s Melbourne suburbs
  • Flood management overlay: Special building overlay for flood risk applies to the site
  • Built: 1970

Property Features

  • Air‑conditioning
  • Balcony
  • Intercom system
  • Single allocated garage space
  • Estimated market value: $570 k (mid‑point) with a range of $490 k – $650 k across major portals
  • Estimated weekly rent: $525 pw ( & ) – $530 pw (), approx. 4.8 % gross yield
  • 50 % Owner‑occupied, 50 % rented: Building‑wide average occupancy split

Recorded sales and leasing agents

Recorded sale agency (2000 sale)
Jellis Craig Northcote recorded for the 2000 sale
Recorded listing contacts
Paula Beavis Partner & Licensed Estate Agent, listed as a Local Expert for the building Malinda Martin Listed as a Local Expert on

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
50%
Renter-occupied
50%

Area insights

The surrounding precinct places public transport within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
Nelson Alexander - Northcote
2.2 km
Nelson Alexander - Preston
6.5 km
Jellis Craig - Northcote
2.6 km
Jellis Craig - Ivanhoe & Rosanna
2.5 km
Marshall White - Balwyn
6.3 km
Barry Plant - Glenroy
12.7 km
Kay & Burton - Boroondara
5.2 km
WHITEFOX Northside - CARLTON
4.9 km
Barry Plant Northcote & Preston - NORTHCOTE
2.8 km
Miles Real Estate - Ivanhoe & Rosanna
3.6 km
Woodards - Blackburn
12.2 km
Woodards - Northcote Thornbury
2.6 km
Scott Kim Real Estate - MOUNT WAVERLEY
14.7 km
Harcourts Manningham - DONCASTER EAST
12.5 km
OBrien Real Estate - Blackburn
12.6 km
First National Avant - BOX HILL
9.9 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
St Anthony's School
0.3 km
Primary school | Catholic
Fairfield Primary School
0.5 km
Primary school | Government
Alphington Primary School
1.0 km
Primary school | Government
Alphington Grammar School
1.4 km
Combined school | Independent
Westgarth Primary School
1.4 km
Primary school | Government
Spensley Street Primary School
1.6 km
Primary school | Government
Mary Immaculate School
1.9 km
Primary school | Independent
Santa Maria College
2.2 km
Secondary school | Independent
St Joseph's Primary School
2.3 km
Primary school | Catholic
Ivanhoe Grammar School
2.4 km
Combined school | Independent
Virtual School Victoria
2.4 km
Combined school | Government
Sophia Mundi Steiner School
2.7 km
Combined school | Independent
Ivanhoe Girls' Grammar School
2.9 km
Combined school | Independent
Fitzroy High School
2.9 km
Secondary school | Government
Thornbury High School
3.0 km
Secondary school | Government
Northcote High School
2.9 km
Secondary school | Government
Trinity Grammar School
3.3 km
Combined school | Independent
Smart Start Early Learning and Development Centre
0.5 km
Alphington Early Learning Centre
1.0 km
Alfred Nuttall Memorial Kindergarten
1.2 km
* Approximate straight-line distances

Frequently asked questions

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

5/518 Heidelberg Road is described with 2 bedrooms, 1 bathroom, 1 parking space, land size of 814 m² (shared block), built around 1970

What railway station serves the Alphington suburb?

Alphington railway station on the Hurstbridge line provides train services for the area

En.wikipedia.org
What is the population of Alphington?

Alphington recorded a population of 5,702 at the 2021 census

En.wikipedia.org
Which major arterial road runs through Alphington?

Heidelberg Road is the main arterial road that passes through Alphington

En.wikipedia.org
What parkland is closest to the property?

The Darebin Parklands are the nearest major green open space to the address

En.wikipedia.org
Which nearby landmark is located within half a kilometre of the address?

The Chandler Highway Bridge lies approximately 0.4 km from the property

What kind of property is this?

5/518 Heidelberg Road is listed as Apartment in Alphington, VIC

What asking price or listing price is shown?

5/518 Heidelberg Road includes price $490,000, Sold for $161,000 on 15 Apr 2000

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