Armadale VIC 3143, Australia
Also written as Unit 2, 511 Orrong 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.
| Event | Date | Weekly rent |
|---|---|---|
| Lease | 1 Oct 2017 recorded on 30 Oct 2017 | $525 pw |
| Lease | 1 Oct 2016 Listed by Gary Peer | — |
| Lease | 1 May 2013 Listed by Gary Peer | — |
2/511 Orrong Road is described with 3 bedrooms, 1 bathroom, 1 parking space
The property is situated in Armadale, an inner‑south suburb of Melbourne, Victoria, located about 7 km south‑east of the Central Business District
En.wikipedia.orgSeveral tram stops are within 0.1–0.7 km, including Orrong Rd/Dand… (0.1 km), Orrong Rd/High St (0.6 km), and Armadale Station/High St (railway, 0.8 km). These provide frequent tram and train services to the CBD and surrounding areas
2/511 Orrong Road is listed as Apartment in Armadale, VIC
The calculated market estimate is $780,000, the calculated weekly rent is $728 per week, and the indicative gross yield is 4.85%
Gas heating. High owner‑occupancy rate: 75% owner‑occupied, 25% rented. Short average occupant tenure: Average occupant tenure 5 months
The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
2/511 Orrong Road is described with nearby context including Orrong Rd/Dandenong Rd (Armadale), Lansdowne Rd/Dandenong Rd (Prahran), Wattletree Rd/Dandenong Rd (Armadale)
Jump to the related profiles for this address.
