Apartment

61/503 Orrong Road

Armadale VIC 3143, Australia

2Bedrooms
2Bathrooms
1Parking
1533 m²Land size
-Internal area

Snapshot

Key points for 61/503 Orrong Road.

  • 2 bedrooms, 2 bathrooms, 1 parking space
  • Estimated market value: $1,580,000
  • Land size: 1,533 m²
  • Balcony
  • Heating

About this property

yardizepropertyrecord

61/503 Orrong Road is a two‑bedroom, two‑bathroom apartment unit within the 503 Orrong Road multi‑unit building in Armadale, Victoria. The unit includes a balcony, built‑in robes, heating, intercom and a study, and is serviced by one car space. Estimated market value is $1.58 million and the Estimated weekly rent is $965 per week.

The building consists of 19 separate properties, with 85 % owner‑occupancy and an average owner‑occupier tenure of 13 years 5 months

Also written as Unit 61, 503 Orrong Road.

Key details

Locality
Armadale
State
VIC
Coordinates
37.85938589 / 145.01046102
GNAF PID
GAVIC410765859
Legal parcel ID
61\RP2544
Remoteness area
Metro
Property type
Apartment
Unit land size
1533 m²
Unit internal area
-
Heritage overlay
None detected
Land Use Category
Residential

Market estimates

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

Expected weekly rent
$965
Expected property value
$1,580,000
Estimated yield
3.18%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
1 Nov 2012
——
Sale
1 Nov 2012
Private treaty sale, took 32 days to sell
——
Sale
1 May 1991
$360,000—

Property insights

Property Features

  • Balcony
  • Heating
  • Intercom
  • Study
  • 85% Owner‑occupied, 15% rented (building level)
  • Average owner‑occupier tenure 13 years 5 months
  • Car spaces: 1

Building profile

  • No flood, bushfire or heritage overlays

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?

There is one allocated car space

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, and Auburn Gr/High St

How many bedrooms does the unit have?

The unit has 2 bedrooms

How many bathrooms are in the unit?

The unit includes 2 bathrooms

What is the estimated market value?

The estimated market value is $1.58 million

En.wikipedia.org
What is the weekly Estimated weekly rent?

The estimated weekly rent is $965

Which primary school is closest to the property?

Armada​le Primary School is the nearest primary school, located about 1 km away

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

61/503 Orrong Road is listed as Apartment in Armadale, VIC

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