Ascot Vale VIC 3032, Australia
Also written as Unit 1, 40 Ormond 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 | 1 Jan 1993 Unit 1/40 | $88,000 | — |
1/40 Ormond Road is described with 2 bedrooms, land size of 1,258 m²
The address is in Ascot Vale, an inner‑city suburb of Melbourne, Victoria
En.wikipedia.orgAscot Vale Primary School is approximately 0.5 km from the unit
The Maribyrnong Rd/Mt Alexander Rd tram stop is about 0.3 km away
Ormond Park lies roughly 0.4 km from the unit
Ascot Vale recorded a population of 15,197 at the 2021 census
En.wikipedia.org1/40 Ormond Road is listed as Apartment in Ascot Vale, VIC
The calculated market estimate is $480,000, the calculated weekly rent is $506 per week, and the indicative gross yield is 5.48%
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