Armadale VIC 3143, Australia
Also written as Unit 7, 7 Mercer Way.
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 | 4 Jan 2012 | $1,260,000 | — |
| Sale | 4 Jan 2012 Unit 7/7; 2 beds / 1 bath / 2 car spaces. | $1.26 million | — |
| Sale | 15 Jul 2004 Unit 7; Listed as 2 beds / 1 bath / 1 car. | $820,000 | — |
7/7 Mercer Way is described with 2 bedrooms, 1 bathroom, land size of 875 m²
The property is within the City of Stonnington
The property is located in Armadale, Victoria
The nearest tram stop is Mercer Rd/High St (Armadale), approximately 0.1 km away
Huntingtower Rd/High St (Armadale) and Glenferrie Rd/High St (Malvern) are each about 0.1–0.4 km from the property
7/7 Mercer Way is listed as Apartment in Armadale, VIC
The calculated market estimate is $720,000, the calculated weekly rent is $836 per week, and the indicative gross yield is 6.04%
7/7 Mercer Way has a recorded sale at $1.26 million on 4 Jan 2012
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