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Multi-unit Property

563 Dandenong Road

Armadale VIC 3143, Australia

- Parking
879 m² Land size
$642,000 Last sale (2023)
Multi-unit Complex profile

About this property

yardizepropertyrecord
563 Dandenong Road is in Armadale, VIC and is presented as an Apartment. The address refers to a multi-unit development set on a land parcel of 879 m². Sold for $642,000 on 27 Mar 2023. The estimated market value per unit is $1,146,750 and the estimated weekly rent per unit is $1,006 per week

Key details

Locality
Armadale
State
VIC
Coordinates
37.8641529 / 145.02363659
GNAF PID
GAVIC410769028
Legal parcel ID
CM1\PS835628
Remoteness area
Metro
Property type
Apartment
Land size
879 m²
Mobile coverage
5G mobile coverage
Heritage overlay
None detected
Zoning
Residential
Land Use Category
Residential

Market estimates

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

Expected weekly rent per unit
$1,006
Expected property value per unit
$1,146,750
Estimated yield
4.56%
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
17 Apr 2025
Unit 101; Selling agent: Belle Property Armadale.
Sale
27 Mar 2023
Unit sale
$642,000$730
Sale
17 Jul 2017
Individual unit transaction; unit not specified in source.
$3,000,000$3,412
Sale
21 May 1994
Individual unit transaction; unit not specified in source.
$390,000$443
Sale
1 Jan 1994
Individual unit transaction; unit not specified in source.
$390,000$443
Sale
5 Jun 1993
Individual unit transaction; unit not specified in source.
$375,000$426
Sale
1 Jan 1993
Individual unit transaction; unit not specified in source.
$375,000$426

Price per m² based on land size of 879 m².

Property insights

Building profile

Vitae is a boutique low‑density development by Luxmile featuring fourteen garden‑focused two‑ and three‑bedroom apartments. The design emphasizes private outdoor spaces, natural light and secure parking Adgroup.com.au
  • 563 Dandenong Road, Armadale is a residential property comprising a standalone house on an 879 m² block and a low‑density boutique apartment development called Vitae with multiple two‑bedroom units
  • No planning overlays: No bushfire, flood or heritage overlays detected
  • Subdivision activity: * The 2023 sale at $642 k appears to be a later subdivision or a unit sale within the development

Property Features

  • Garden‑focused low‑density boutique development (Vitae) Adgroup.com.au
  • Solar panels (detected via satellite, 2025)
  • Boutique low‑density development: Vitae comprises 14 garden‑focused two‑ and three‑bedroom apartments
  • Car spaces: 1
  • Floor area: 164 m²

Real Estate Agencies

Ordered by:
Marshall White - Stonnington
0.9 km
Marshall White - Boroondara
5.5 km
Jellis Craig - Fitzroy
8.3 km
Gary Peer & Associates - Caulfield North
1.2 km
Jellis Craig - Carnegie
3.9 km
Jellis Craig - Stonnington
1.0 km
Marshall White - Balwyn
7.7 km
Buxton - Port Phillip
3.9 km
Ray White - Carnegie
3.9 km
Kay & Burton - Stonnington
2.9 km
Jellis Craig - Port Phillip
6.5 km
Belle Property Armadale - ARMADALE
0.9 km
Little Real Estate - HAWTHORN
2.8 km
Buxton - Stonnington
2.9 km
* Approximate straight-line distances

Nearby schools

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

Frequently asked questions

What building-wide details are listed?

563 Dandenong Road is described with land size of 879 m²

Boutique low‑density development AD Group
Which suburb is 563 Dandenong Road located in?

The property is located in the inner‑city suburb of Armadale, Victoria

En.wikipedia.org
What is the development name of the apartment complex at 563 Dandenong Road?

The apartment development is called Vitae

Adgroup.com.au
Which tram stop is closest to 563 Dandenong Road?

Bailey Avenue on Dandenong Road (Bailey Ave/Dandenong Rd) is the nearest tram stop, about 0.1 km away

What secondary school is nearest to the property?

Caulfield Junior College is the closest secondary school, roughly 0.8 km away

Which hospital is located nearby?

Cabrini Hospital in East Malvern is approximately 0.9 km from the property

What kind of property is this?

563 Dandenong Road is listed as Apartment in Armadale, VIC

Boutique low‑density development AD Group
What asking price or listing price is shown?

563 Dandenong Road includes Sold for $642,000 on 27 Mar 2023

Boutique low‑density development AD Group

Related profiles

Jump to the related profiles for 563 Dandenong Road, including the surrounding street and suburb pages.