Armadale VIC 3143, Australia
Also written as Unit 5A, 51 Wattletree Road.
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.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | Building‑level sale; unit‑specific history not found. | $1.31M | — |
5A/51 Wattletree Road is described with land size of 893 m²
The address is situated in Armadale, an inner suburb of Melbourne, Victoria, located about 7 km south‑east of the Central Business District
En.wikipedia.orgSeveral tram stops are located within 0.5 km of the property, including Kooyong Rd/Wattletree Rd (0.1 km), Egerton Rd/Wattletree Rd (0.2 km), Kooyong Rd/Dandenong Rd (0.3 km), Armadale St/Wattletree Rd (0.3 km), and Wattletree Rd/Dandenong Rd (0.5 km)
Armadale recorded a population of 9,368 at the 2021 census
En.wikipedia.org5A/51 Wattletree Road is listed as Apartment in Armadale, VIC
The calculated market estimate is $667,500, the calculated weekly rent is $858 per week, and the indicative gross yield is 6.68%
5A/51 Wattletree Road has a recorded sale at $1.31M on ~25 years ago
Three‑storey building comprising five dwellings (construction note)
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