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Multi-unit Property

523 Dandenong Road

Armadale VIC 3143, Australia

- Parking
1097 m² Land size
$580,000 Last sale (2026)
Multi-unit Complex profile

About this property

yardizepropertyrecord
523 Dandenong Road is in Armadale, VIC and is presented as an Apartment. The address refers to a multi-unit development with 28 properties set on a land parcel of 1,097 m². The estimated market value per unit is $770,000 and the estimated weekly rent per unit is $902 per week

Key details

Locality
Armadale
State
VIC
Coordinates
37.86294542 / 145.02087331
GNAF PID
GAVIC410763897
Legal parcel ID
CM1\PS742613
Remoteness area
Metro
Property type
Apartment
Land size
1097 m²
Total units in building/complex
28 residential units
Land Use Category
Residential

Market estimates

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

Expected weekly rent per unit
$902
Expected property value per unit
$770,000
Estimated yield
6.09%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

Sales figures shown here are for individual units within the property, not the whole site.

EventDatePricePrice per m²
Sale
21 Jan 2026
Unit 1/523
$580,000$528
Sale
1 Oct 2025
Unit 5/523
$440,000$401
Sale
29 Aug 2025
Unit 1/523; Listed for $650,000
$650,000$592
Sale
1 Jun 2025
Unit 305/523
$740,000$674
Sale
1 Apr 2025
Unit 303/523
$430,000$391
Sale
1 May 2024
Unit 201/523
$415k$378
Sale
1 Apr 2024
Unit 203/523
$620k$565
Sale
1 May 2023
Unit 301/523
$570k$519
Sale
23 Aug 2018
Unit 1/523
$666.6k$6,076
Sale
1 Jun 2017
Unit 5/523; Original purchase for $494,000
$494k$450

Price per m² based on land size of 1097 m².

Property insights

Building profile

Prestige Munro is a three‑storey masonry low‑rise apartment building with 28 units. It occupies a 1,145 m² residential lot in the City of Stonnington and has no heritage, bushfire or flood overlays Ipropertymanager.com.au Woodards.com.au

Property Features

Recorded sales and leasing agents

Sales agency
Woodards Real Estate – Sean Evans, Chris Gillon Woodards.com.au
Recorded sale agency (2026 sale)
Woodards Real Estate recorded for the 2026 sale Woodards – listing
Recorded listing contacts
Paul Denver 0419 582 715 / 9597 0101 Director, iPropertyManager Pty Ltd Sean Evans 0438 170 727 Camberwell office Chris Gillon 0407 409 227 Camberwell office I property manager – rental page Woodards – listing

Ownership mix

Approximate occupancy mix for the overall building or complex
Owner-occupied
55%
Renter-occupied
45%

Real Estate Agencies

Ordered by:
Marshall White - Stonnington
0.8 km
Marshall White - Boroondara
5.4 km
Jellis Craig - Fitzroy
8.0 km
Gary Peer & Associates - Caulfield North
0.9 km
Jellis Craig - Carnegie
4.2 km
Jellis Craig - Stonnington
1.0 km
Marshall White - Balwyn
7.8 km
Buxton - Port Phillip
3.6 km
Ray White - Carnegie
4.2 km
Kay & Burton - Stonnington
2.6 km
Jellis Craig - Port Phillip
6.3 km
Belle Property Armadale - ARMADALE
1.0 km
Little Real Estate - HAWTHORN
2.9 km
Buxton - Stonnington
2.6 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
The King David School
1.1 km
Combined school | Independent
Caulfield Junior College
0.9 km
Primary school | Government
St Joseph's Primary School
1.0 km
Primary school | Catholic
Armadale Primary School
1.2 km
Primary school | Government
Lauriston Girls' School
1.2 km
Combined school | Independent
De La Salle College
1.2 km
Combined school | Independent
Melbourne Grammar School - Grimwade House
1.3 km
Primary school | Government
Our Lady of Lourdes School (Prahran)
1.5 km
Primary school | Independent
St Aloysius' School
1.3 km
Primary school | Catholic
Malvern Central School
1.5 km
Primary school | Government
Loreto, Mandeville Hall
1.8 km
Combined school | Catholic
Shelford Girls' Grammar
1.7 km
Combined school | Independent
Yeshivah and Beth Rivkah Colleges
1.9 km
Combined school | Independent
Caulfield Grammar School
1.8 km
Secondary school | Independent
Yeshivah and Beth Rivkah Colleges
1.9 km
Combined school | Independent
Oakwood School
1.7 km
Secondary school | Government
Christian Brothers' College
2.1 km
Secondary school | Catholic
Guardian Childcare & Education Caulfield North
0.1 km
Only About Children Armadale
0.3 km
The King David School Kindergarten
0.7 km
* Approximate straight-line distances

Frequently asked questions

What is the typical bedroom count for units?

Both one‑bedroom and two‑bedroom units are available, with two‑bedroom layouts being common

Ipropertymanager.com.au Woodards.com.au
What public transport options are within walking distance?

Several tram stops are close by, including Kooyong Rd/Dandenong Rd (0.2 km) and Kooyong Rd/Wattletree Rd (0.2 km), as well as Armadale and Malvern train stations about 800 m away

How many residential units are in the building?

The development contains 28 residential apartments

Ipropertymanager.com.au
Which agency manages rentals for the property?

Rentals are managed by iPropertyManager, with Paul Denver listed as the contact

Ipropertymanager.com.au
Which agency handles sales of units?

Sales are handled by Woodards Real Estate; agents Sean Evans and Chris Gillon are listed on the current listing

Woodards.com.au
What is the nearest tram stop to the building?

The Egerton Rd/Dandenong Rd tram stop is approximately 0.1 km away

What kind of property is this?

523 Dandenong Road is listed as Apartment in Armadale, VIC

Ipropertymanager.com.au
What building-wide details are listed?

523 Dandenong Road is described with 28 properties, land size of 1,097 m²

Ipropertymanager.com.au

Related profiles

Jump to the related profiles for 523 Dandenong Road, including the surrounding street and suburb pages.