About this property
6/40 Ormond Road is in Ascot Vale, VIC and is presented as an Apartment with 2 bedrooms, 1 bathroom. The estimated market value is $462,250 and the estimated weekly rent is $488 per week
Also written as Unit 6, 40 Ormond Road.
Apartment
6/40 Ormond Road
Ascot Vale VIC 3032, Australia
2
Bedrooms
1
Bathrooms
-
Parking
-
Internal area
$421,000
Last sale (2023)
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.
- GAVIC410784068
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- 6\RP10252
- Property type
- Apartment
- Unit internal area
- -
- Building levels
- Four storeys
- Mobile coverage
- 5G
- Bushfire risk
- None detected
- Flood risk
- None detected
- Heritage overlay
- None detected
- 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
$488
Expected property value
$462,250
Estimated yield
5.49%
Confidence
Medium
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 1 Aug 2023 Private treaty, listed by Pennisi Real Estate – Essendon (Emily Taurins‑Gilbert) | $421,000 | — |
Property insights
Building profile
- Unit 6 at 40‑42 Ormond Road, Ascot Vale is a 2‑bedroom, 1‑bathroom apartment with one car space in a four‑storey mixed‑use building Emily.pennisi.com.au Pennisi.com.au
- Four storeys
Property Features
- Roof terrace Emily.pennisi.com.au Pennisi.com.au
- Ground‑floor shop and offices
- Recent sale: $421,000 sold in August 2023
Recorded sales and leasing agents
- Recorded sale agency (2023 sale)
- Pennisi Real Estate – Essendon recorded for the 2023 sale Pennisi real estate – recent sales
- Recorded listing contacts
- Emily Taurins‑Gilbert
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 nearby public transport; 0.3 km away
- Essendon tram depot tram maintenance facility; 0.7 km away
- Maribyrnong Rd/Mt Alexander Rd (Ascot Vale) tram stop in Melbourne, Australia; 0.3 km away
- Ormond Park local park offering open green space; 0.4 km away
- Moonee Valley Racecourse horse racing venue; 0.9 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 bathrooms are included?
The unit includes one bathroom
Emily.pennisi.com.auWhich primary school is closest to the property?
Ascot Vale Primary School is the nearest primary school, approximately 0.5 km away
How many bedrooms does the unit have?
The apartment offers two bedrooms
En.wikipedia.orgWhat parking is provided?
There is one allocated car space
Emily.pennisi.com.auWhat was the most recent sale price of the unit?
The most recent confirmed sale was for $421,000 in August 2023
Emily.pennisi.com.auWhat is the closest tram stop?
Maribyrnong Rd/Mt Alexander Rd tram stop is about 0.3 km from the address
What kind of property is this?
6/40 Ormond Road is listed as Apartment in Ascot Vale, VIC
Emily.pennisi.com.auHow many bedrooms, bathrooms, parking spaces, or other key details are listed?
6/40 Ormond Road is described with 2 bedrooms, 1 bathroom
Emily.pennisi.com.auRelated 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