Altona Meadows VIC 3028, Australia
Also written as Unit 1, 59 Nelson 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.
| Event | Date | Weekly rent |
|---|---|---|
| Lease | 27 Nov 2025 | — |
| Lease | 1 Aug 2022 | — |
| Lease | 1 Oct 2004 at | $170 pw |
1/59 Nelson Avenue is described with 2 bedrooms, 1 bathroom, 2 parking spaces, land size of 544 m²
Altona Green Primary School is the nearest primary school, located about 0.84 km away
Cheetham Wetlands is a nearby wetland with boardwalks, approximately 2.1 km from the property
Laverton railway station is the closest train station, about 1.9 km away
Altona Treatment Plant is situated approximately 1.4 km from the property
1/59 Nelson Avenue is listed as Apartment in Altona Meadows, VIC
The calculated market estimate is $712,500, the calculated weekly rent is $521 per week, and the indicative gross yield is 3.8%
Utilities and overlays include internet availability of FTTP NBN (up to 1000 Mbps download, 400 Mbps upload), mobile coverage of 5G, and overlay details of bushfire No bushfire risk detected and flood No flood risk detected
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