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Apartment

51/503 Orrong Road

Armadale VIC 3143, Australia

3 Bedrooms
2 Bathrooms
1 Parking
1533 m² Land size
- Internal area
$660,000 Last sale (2007)

About this property

yardizepropertyrecord

Unit 51 at 503 Orrong Road in Armadale is a three‑bedroom, two‑bathroom apartment with a single car space. The unit includes air‑conditioning, heating and an intercom system. The mid‑rise building comprises 19 dwellings – one house and 18 apartments – and is predominantly owner‑occupied (85%). The most recent sale recorded was on 25 March 2018 for $971,000.

Current market estimates place the value at a mid‑range of $1.16 million, with estimated weekly rent of $1,010

Also written as Unit 51, 503 Orrong Road.

Key details

Locality
Armadale
State
VIC
Coordinates
37.85938589 / 145.01046102
GNAF PID
GAVIC410765858
Legal parcel ID
51\RP2544
Remoteness area
Metro
Property type
Apartment
Unit land size
1533 m²
Unit internal area
-
Land Use Category
Residential

Market estimates

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

Expected weekly rent
$990
Expected property value
$1,160,000
Estimated yield
4.44%
Confidence
High

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
25 Mar 2018
$971,000
Sale
20 Oct 2007
$660,000

Property insights

Property Features

  • Air‑conditioning
  • Heating
  • Intercom
  • Owner‑occupied majority: 85% of the units in the building are owner‑occupied, with an average owner tenure of 13 years 5 months
  • Car spaces: 1

Ownership mix

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

Area insights

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

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
2.1 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
1.2 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?

51/503 Orrong Road is described with 3 bedrooms, 2 bathrooms, 1 parking space, land size of 1,533 m²

What other tram stops are within walking distance?

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) are all nearby

Which tram stop is closest to the property?

The Orrong Rd/Dandenong Rd tram stop is approximately 0.1 km from the address

How far is Toorak Park from the property?

Toorak Park is about 0.7 km away

What is the population of the Armadale suburb?

Armadale had a recorded population of 9,368 at the 2021 census

En.wikipedia.org
What kind of property is this?

51/503 Orrong Road is listed as Apartment in Armadale, VIC

What asking price or listing price is shown?

51/503 Orrong Road includes Sold for $660,000 on 20 Oct 2007

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $1,160,000, the calculated weekly rent is $990 per week, and the indicative gross yield is 4.44%

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