About this property
Also written as Unit 5, 5 The Terrace.
Armadale VIC 3143, Australia
Also written as Unit 5, 5 The Terrace.
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 | 30 May 1998 | $170,000 | — |
| Sale | 12 Dec 1980 | $50,600 | — |
| Sale | 28 Apr 1980 | $45,000 | — |
| Sale | 23 Jun 1978 | $44,500 | — |
| Event | Date | Weekly rent |
|---|---|---|
| Lease | 23 Mar 2015 | — |
| Lease | 1 Mar 2015 Agency not identified | $520 pw |
| Lease | 1 Mar 2014 Agency not identified | $500 pw |
5/5 The Terrace is described with 2 bedrooms, 1 bathroom, 2 parking spaces, land size of 862 m²
The property is located in Armadale, an inner suburb of Melbourne, Victoria
En.wikipedia.orgArmadale is approximately 7 kilometres south‑east of Melbourne's Central Business District
En.wikipedia.orgNearby tram stops include Egerton Rd/Wattletree Rd (0.2 km), Kooyong Rd/Wattletree Rd (0.2 km) and Duncraig Ave/Wattletree Rd (0.3 km)
The nearest public services are Malvern Post Office (0.5 km) and Malvern tram depot (0.4 km)
5/5 The Terrace is listed as Apartment in Armadale, VIC
5/5 The Terrace includes Sold for $170,000 on 30 May 1998
The calculated market estimate is $1,013,000, the calculated weekly rent is $784 per week, and the indicative gross yield is 4.02%
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