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Multi-unit Property

7 Mercer Way

Armadale VIC 3143, Australia

- Parking
$815,000 Last sale (2016)
Multi-unit Complex profile

About this property

yardizepropertyrecord

7 Mercer Way is an apartment situated in a low‑rise multi‑unit residential building in the inner‑south Melbourne suburb of Armadale. The unit identified as 7/7 Mercer Way provides two bedrooms, one bathroom and two car spaces.

It was last sold in August 2016 for $815,000 and estimated market value in 2026 suggest a market value between $620,000 and $820,000 for the specific unit, with estimated weekly rent of $795‑$815. Armadale is an affluent precinct with easy access to tram stops, schools and local amenities, making the location attractive for both owners and renters

Key details

Locality
Armadale
State
VIC
Coordinates
37.85552965 / 145.02531453
GNAF PID
GAVIC410760840
Legal parcel ID
7\PS411116
Remoteness area
Metro
Property type
Commercial
Land Use Category
Commercial

Properties in Armadale

Address
Type
Beds
Baths
Parking
Land Size
Price
Unit 7, 7 Mercer Way
Armadale VIC 3143
House
-
-
-
-
-

Known units

Linked unit profiles for this multi-unit property.

1 known unit

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent per unit
$810
Expected property value per unit
$855,000
Estimated yield
4.93%
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
1 Aug 2016
Listed by agency Thomson
$815,000
Sale
1 Apr 1999
Individual unit transaction; unit not specified in source.
$335,000

Property insights

Building profile

  • 7 Mercer Way in Armadale is a residential apartment within a low‑rise multi‑unit building Abercrombys.com.au

Recorded sales and leasing agents

Recorded sale agency (2016 sale)
Thomson recorded for the 2016 sale

Ownership mix

Approximate occupancy mix for the overall building or complex
Owner-occupied
55.3%
Renter-occupied
44.7%

Area insights

The surrounding precinct places public transport within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
Marshall White - Stonnington
0.1 km
Marshall White - Boroondara
4.5 km
Jellis Craig - Fitzroy
7.5 km
Gary Peer & Associates - Caulfield North
1.6 km
Jellis Craig - Carnegie
4.5 km
Jellis Craig - Stonnington
0.4 km
Marshall White - Balwyn
6.9 km
Buxton - Port Phillip
4.2 km
Ray White - Carnegie
4.5 km
Kay & Burton - Stonnington
2.1 km
Jellis Craig - Port Phillip
6.4 km
Belle Property Armadale - ARMADALE
0.3 km
Little Real Estate - HAWTHORN
2.0 km
Buxton - Stonnington
2.8 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Lauriston Girls' School
0.4 km
Combined school | Independent
St Joseph's Primary School
0.6 km
Primary school | Catholic
De La Salle College
0.7 km
Combined school | Independent
Armadale Primary School
0.8 km
Primary school | Government
Malvern Central School
1.0 km
Primary school | Government
Loreto, Mandeville Hall
1.3 km
Combined school | Catholic
The King David School
1.3 km
Combined school | Independent
Our Lady of Lourdes School (Prahran)
1.4 km
Primary school | Independent
Caulfield Junior College
1.7 km
Primary school | Government
Toorak Primary School
1.8 km
Primary school | Government
St Catherine's School (Toorak)
2.0 km
Combined school | Independent
St Kevin's College
2.2 km
Combined school | Independent
Alia College
2.2 km
Secondary school | Independent
Bialik College
2.2 km
Combined school | Independent
Oakwood School
2.2 km
Secondary school | Government
Auburn High School
2.4 km
Secondary school | Government
Guardian Childcare & Education Caulfield North
1.0 km
Malvern Memorial Kindergarten
0.3 km
Lauriston Kindergarten
0.4 km
Lauriston Kindergarten (1)
0.5 km
* Approximate straight-line distances

Frequently asked questions

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate per unit is $855,000, the calculated weekly rent per unit is $810 per week, and the indicative gross yield is 4.93%

Abercrombys.com.au
In which suburb is 7 Mercer Way located?

The property is located in Armadale, an inner‑south suburb of Melbourne

En.wikipedia.org
What public transport stops are close to 7 Mercer Way?

Nearby tram stops include Mercer Rd/High St (0.1 km), Huntingtower Rd/High St (0.1 km), and Glenferrie Rd/High St (0.4 km)

What local amenities are within walking distance of 7 Mercer Way?

Within about 0.4 km there is the former ES&A Bank building, the Stonnington City Centre municipal building, and the Malvern tram depot

What type of residential building is 7 Mercer Way?

It is a residential apartment/unit within a low‑rise multi‑unit building

En.wikipedia.org
How many car spaces are provided with the unit at 7 Mercer Way?

The unit includes two allocated car spaces

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

7 Mercer Way is listed as Apartment in Armadale, VIC

Abercrombys.com.au
What recent sale price or sale history is recorded?

7 Mercer Way has a recorded sale at $815k on August 2016

Abercrombys.com.au

Related profiles

Jump to the related profiles for 7 Mercer Way, including the surrounding street and suburb pages.