Armadale VIC 3143, Australia
Key points for 16/5 Wattletree Road.
Also written as Unit 16, 5 Wattletree Road.
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.
Typical weekly rent is estimated at $600‑$670
The unit is located in Armadale, an inner suburb of Melbourne, Victoria
En.wikipedia.orgThe closest tram stop is Armadale St/Wattletree Rd, about 0.1 km away
16/5 Wattletree Road is listed as Apartment in Armadale, VIC
16/5 Wattletree Road is described with land size of 2,386 m²
The calculated market estimate is $680,000, the calculated weekly rent is $732 per week, and the indicative gross yield is 5.6%
Three‑storey building with five dwellings (1 townhouse + 4 flats). HO588 heritage protection planning control. 100% owner‑occupied building (per building profile)
The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
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