About this property
4/40 Ormond Road is in Ascot Vale, VIC and is presented as an Apartment with 2 bedrooms. The estimated market value is $485,000 and the estimated weekly rent is $505 per week
Also written as Unit 4, 40 Ormond Road.
Apartment
4/40 Ormond Road
Ascot Vale VIC 3032, Australia
2
Bedrooms
-
Bathrooms
-
Parking
-
Internal area
Key details
- Locality
- Ascot Vale
- State
- VIC
- Coordinates
Latitude and longitude for the mapped property location.
- 37.773154 / 144.931291
- GNAF PID
A unique ID for this address in Australia's national address database.
- GAVIC410786155
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- 4\RP10252
- Property type
- Apartment
- Unit internal area
- -
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- Residential
Market estimates
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.
High confidence
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
Medium confidence
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
Low confidence
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.
Expected weekly rent
$505
Expected property value
$485,000
Estimated yield
5.41%
Confidence
High
Based on the comparable property evidence currently available.
Property insights
Property Features
- Apartment (residential unit)
- Estimated market value: Low $415k – Mid $485k – High $555k
Ownership mix
Approximate occupancy mix for the surrounding area
Owner-occupied
90%
Renter-occupied
10%
Area insights
The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
- Maribyrnong Rd/Mt Alexander Rd tram stop tram stop; 0.3 km away
- Warrick St/Mt Alexander Rd tram stop tram stop; 0.3 km away
- Maribyrnong Rd/Mt Alexander Rd (Ascot Vale) tram stop in Melbourne, Australia; 0.3 km away
- Ormond Park local park; 0.4 km away
- Ascot Vale Heights School special school; 0.4 km away
Real Estate Agencies
Ordered by:
Popularity is a formula combining local activity, sales speed, and rental speed signals.
Professionals - Taylors Lakes
14.0 km
* Approximate straight-line distances
Nearby schools
Type:
Ordered by:
* Approximate straight-line distances
Frequently asked questions
How many bedrooms, bathrooms, parking spaces, or other key details are listed?
4/40 Ormond Road is described with 2 bedrooms
Which primary school is closest to the property?
Ascot Vale Primary School is about 0.5 km away
Which special school is nearby?
Ascot Vale Heights School is approximately 0.4 km from the unit
What public‑transport tram stops are within walking distance?
Maribyrnong Rd/Mt Alexander Rd tram stop (0.3 km) and Warrick St/Mt Alexander Rd tram stop (0.3 km) are the closest tram stops
Which park is nearest to the property?
Ormond Park lies about 0.4 km to the south of the unit
What is the population of Ascot Vale?
Ascot Vale recorded a population of 15,197 people in the 2021 census
En.wikipedia.orgWhat kind of property is this?
4/40 Ormond Road is listed as Apartment in Ascot Vale, VIC
What Calculated market estimate or Estimated weekly rent is available?
The calculated market estimate is $485,000, the calculated weekly rent is $505 per week, and the indicative gross yield is 5.41%
Related profiles
Jump to the related profiles for this address.
Root property
40 Ormond Road
View the main multi-unit property profile covering 9 tracked units.
View root propertySuburb profile
Ascot Vale
Browse the suburb profile, property mix, and related area data.
View suburb profileStreet profile
Ormond Road
See the street-level property page and compare nearby listings.
View street profile