Armadale VIC 3143, Australia
Business listed on MapQuest with exact address and phone number.
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.
Sales figures shown here are for individual units within the property, not the whole site.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 6 Apr 2023 Unit 1; Unit 1 – $750 k (private treaty); Sold by Marshall White. | $750,000 | — |
| Sale | 15 Feb 2022 Unit 2; Unit 2 – $699.5 k (private treaty) | $699,500 | — |
| Sale | 17 Apr 2021 Unit 6; Unit 6 – $717 k | $717,000 | — |
| Sale | 27 Aug 2016 Unit 8; Unit 8 – $779 k | $779,000 | — |
| Sale | 2 Apr 2016 Unit 3; Unit 3 – $581 k | $581,000 | — |
| Sale | 2 Mar 2016 Unit 9; Unit 9 – $610 k | $610 k | — |
| Sale | 22 Aug 2001 Unit 2; Unit 2 – $425 k | $425 k | — |
| Sale | Unit 5; Unit 5 – $450 k (approx.); Exact date not specified. | $450 k | — |
The calculated market estimate per unit is $641,000, the calculated weekly rent per unit is $798 per week, and the indicative gross yield is 6.47%
Australia.chamberofcommerce.comThe address is situated in the suburb of Armadale, an inner‑south‑east neighbourhood of Melbourne
En.wikipedia.orgIt is within the City of Stonnington council area
Armadale St / Wattletree Rd tram stop is the nearest, located about 0.2 km away
Dandenong Rd & Glenferrie Rd is a nearby tram interchange approximately 0.7 km from the address
Armadale had a recorded population of 9,368 at the 2021 census
En.wikipedia.org507 Dandenong Road is listed as Apartment in Armadale, VIC
Australia.chamberofcommerce.com507 Dandenong Road is described with 12 properties, built around 2000
Australia.chamberofcommerce.comJump to the related profiles for 507 Dandenong Road, including the surrounding street and suburb pages.
