Armadale VIC 3143, Australia
Also written as Unit 2, 531 Dandenong Road.
Based on 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 | Price | Price per m² |
|---|---|---|---|
| Sale | 3 May 2003 | $322,000 | — |
2/531 Dandenong Road is described with 3 bedrooms, 1 bathroom, built around 1970
The property is situated in the suburb of Armadale, Victoria
En.wikipedia.orgThe closest tram stop is Egerton Rd/Dandenong Rd, approximately 0.1 km away
2/531 Dandenong Road is listed as Apartment in Armadale, VIC
The calculated market estimate is $910,000, the calculated weekly rent is $985 per week, and the indicative gross yield is 5.63%
2/531 Dandenong Road has a recorded sale at $322,000 on 3 May 2003
Utilities and overlays include mobile coverage of 5G and zoning recorded as Residential Growth Zone – Schedule 1
Three‑storey townhouse block of five units. Off market: No active sale or lease listing. Average owner‑occupancy: 17 years 7 months
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