Armadale VIC 3143, Australia
Also written as Unit 27, 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.
27/5 Wattletree Road is described with land size of 2,386 m²
Several tram stops are very close: Wattletree Rd/Dandenong Rd (0.1 km), Armadale St/Wattletree Rd (0.2 km), Cantala Ave/Dandenong Rd (0.2 km), Kooyong Rd/Wattletree Rd (0.4 km) and Orrong Rd/Dandenong Rd (0.5 km)
Armadale recorded a population of 9,368 at the 2021 census
En.wikipedia.orgArmadale is located about 7 kilometres south‑east of Melbourne's central business district
En.wikipedia.orgArmadale contains several heritage‑listed sites, including Armadale House on Kooyong Road, Armadale Primary School on Densham Road, the Glenunga Flats flats building, and the historic Waingawa residence on Denbigh Road
En.wikipedia.org27/5 Wattletree Road is listed as Apartment in Armadale, VIC
The calculated market estimate is $643,500, the calculated weekly rent is $712 per week, and the indicative gross yield is 5.75%
Utilities and overlays include mobile coverage of 5G and overlay details of heritage HO588 – Heritage protection planning control
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