Apartment

51/503 Orrong Road

Armadale VIC 3143, Australia

3Bedrooms
2Bathrooms
1Parking
1533 m²Land size
-Internal area
$660,000Last sale (2007)

Snapshot

Key points for 51/503 Orrong Road.

  • 3 bedrooms, 2 bathrooms, 1 parking space
  • Estimated market value: $1,160,000
  • Land size: 1,533 m²
  • Air‑conditioning
  • Heating

About this property

yardizepropertyrecord
Unit 51 at 503 Orrong Road is a three‑bedroom, two‑bathroom apartment with one car space. The unit includes air‑conditioning, heating, built‑in robes and an intercom. The complex comprises 19 dwellings, predominantly owner‑occupied, and the most recent sale of this unit was for $971,000 in March 2018. Current estimates place the market value around $1.16 M and the weekly rent at about $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

Building profile

  • Total dwellings in building: 19 (1 house, 18 apartments)
  • Owner‑occupied mix: 85 %
  • Average owner‑occupier residence time: 13 years 5 months

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%

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

What parking is available?

One car space is provided

What public transport options are nearby?

Tram stops within 0.1–0.7 km include Orrong Rd/Dandenong Rd, Lansdowne Rd/Dandenong Rd, Wattletree Rd/Dandenong Rd, Alexandra St/Dandenong Rd, Orrong Rd/High St, Airlie Ave/High St, Auburn Gr/High St, and Armadale St/Wattletree Rd

How many bedrooms does the unit have?

The unit has three bedrooms

How many bathrooms are included?

The unit includes two bathrooms

What is the estimated market value?

Estimated market value is $1.16 M

What is the estimated weekly rent?

Estimated weekly rent is $1,010 per week

When was the unit last sold and for how much?

The unit last sold on 25 March 2018 for $971,000

What kind of property is this?

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

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