Armadale VIC 3143, Australia
Also written as Unit 32, 503 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 | Price | Price per m² |
|---|---|---|---|
| Sale | 9 May 2015 Unit 32/503 | $1,150,000 | — |
| Sale | 1 May 2015 Earlier portal listing; conflicts with building‑profile figure | $971,000 | — |
| Sale | 1 Jun 1991 Private treaty; earliest recorded transaction | $375,000 | — |
32/503 Orrong Road is described with 3 bedrooms, 2 bathrooms, 2 parking spaces, land size of 1,533 m², built around 1990
Several tram stops are located within 0.1–0.7 km, including Orrong Rd/Dandenong Rd, Orrong Rd/High St, Wattletree Rd/Dandenong Rd, and others
Toorak Park lies approximately 0.7 km from the property, offering green space and walking tracks
The address falls within the City of Stonnington local government area
En.wikipedia.orgArmadale is located about 7 kilometres south‑east of Melbourne's CBD
En.wikipedia.orgAt the 2021 census, Armadale had a population of 9,368 residents
En.wikipedia.org32/503 Orrong Road is listed as Apartment in Armadale, VIC
The calculated market estimate is $1,384,500, the calculated weekly rent is $988 per week, and the indicative gross yield is 3.71%
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