Apartment

22/503 Orrong Road

Armadale VIC 3143, Australia

2Bedrooms
2Bathrooms
1Parking
1533 m²Land size
-Internal area
$880,000Last sale (2014)

Snapshot

Key points for 22/503 Orrong Road.

  • 2 bedrooms, 2 bathrooms, 1 parking space
  • Estimated market value: $980,000
  • Land size: 1,533 m²
  • Air‑conditioning
  • Balcony

About this property

yardizepropertyrecord
Unit 22 at 503 Orrong Road in Armadale is a two‑bedroom, two‑bathroom apartment with a single car space. The building contains 19 residential units on a parcel of approximately 1,533 m² and is largely owner‑occupied. The unit sold for $880,000 in September 2014 and recent estimates place its market value around $840,000‑$1.12 M with a weekly rental projection of $795

Also written as Unit 22, 503 Orrong Road.

Key details

Locality
Armadale
State
VIC
Coordinates
37.85936946 / 145.01047137
GNAF PID
GAVIC410765850
Legal parcel ID
22\RP2544
Remoteness area
Metro
Property type
Apartment
Unit land size
1533 m²
Unit internal area
-
Total units in building/complex
19 residential units
Heritage overlay
None detected
Land Use Category
Residential

Market estimates

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

Expected weekly rent
$949
Expected property value
$980,000
Estimated yield
5.04%
Confidence
High

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
1 Sep 2014
Contracted 10 Sep 2014
$880,000—
Sale
1 May 1985
$171,000—

Property insights

Building profile

  • Unit 22 at 503 Orrong Road, Armadale is a 2‑bedroom, 2‑bathroom apartment with one car space
  • No flood, bushfire or heritage risk
  • Total units: 19 residential units

Property Features

  • Air‑conditioning
  • Balcony
  • Heating
  • Intercom
  • 1 Car parking space
  • Predominantly owner‑occupied building
  • Car spaces: 1

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
85%
Renter-occupied
15%

Real Estate Agencies

Ordered by:
Marshall White - Stonnington
1.3 km
Marshall White - Boroondara
5.4 km
Jellis Craig - Fitzroy
7.3 km
Gary Peer & Associates - Caulfield North
0.5 km
Jellis Craig - Carnegie
5.1 km
Jellis Craig - Stonnington
1.7 km
Marshall White - Balwyn
8.2 km
Buxton - Port Phillip
2.8 km
Ray White - Carnegie
5.1 km
Kay & Burton - Stonnington
2.0 km
Jellis Craig - Port Phillip
5.3 km
Belle Property Armadale - ARMADALE
1.6 km
Little Real Estate - HAWTHORN
3.4 km
Buxton - Stonnington
1.6 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
The King David School
0.1 km
Combined school | Independent
Our Lady of Lourdes School (Prahran)
0.8 km
Primary school | Independent
Armadale Primary School
1.0 km
Primary school | Government
St Mary's School
1.1 km
Primary school | Catholic
Christian Brothers' College
1.2 km
Secondary school | Catholic
Melbourne Grammar School - Grimwade House
1.3 km
Primary school | Government
Loreto, Mandeville Hall
1.3 km
Combined school | Catholic
Yeshivah and Beth Rivkah Colleges
1.4 km
Combined school | Independent
Windsor Primary School
1.3 km
Primary school | Government
Yeshivah and Beth Rivkah Colleges
1.4 km
Combined school | Independent
Lauriston Girls' School
1.5 km
Combined school | Independent
Presentation College Windsor
1.4 km
Secondary school | Catholic
Caulfield Grammar School
1.7 km
Secondary school | Independent
St Michael's Grammar School
1.7 km
Combined school | Independent
Prahran High School
1.9 km
Secondary school | Government
Guardian Childcare & Education Caulfield North
1.1 km
The King David School Kindergarten
0.4 km
Armadale Early Learning Centre
0.7 km
Only About Children Armadale
0.9 km
Little Patch ELC
1.1 km
* Approximate straight-line distances

Frequently asked questions

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

22/503 Orrong Road is described with 2 bedrooms, 2 bathrooms, 1 parking space, land size of 1,533 m²

In which suburb is 503 Orrong Road located?

The address is in Armadale, an inner suburb of Melbourne located about 7 km south‑east of the Central Business District

En.wikipedia.org
Which tram stops are nearest to the property?

The closest tram stops are Orrong Rd/Dandenong Rd (0.1 km), Lansdowne Rd/Dandenong Rd (0.3 km), Wattletree Rd/Dandenong Rd (0.4 km), Alexandra St/Dandenong Rd (0.5 km) and Orrong Rd/High St (0.6 km)

What kind of property is this?

22/503 Orrong Road is listed as Apartment in Armadale, VIC

What asking price or listing price is shown?

22/503 Orrong Road includes Sold for $880,000 on 10 Sep 2014

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $980,000, the calculated weekly rent is $949 per week, and the indicative gross yield is 5.04%

What recent sale price or sale history is recorded?

22/503 Orrong Road has a recorded sale at $880k on Sep 2014

What features are highlighted?

Air‑conditioning. Balcony. Heating

Related profiles

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