Aspendale VIC 3195, Australia
Also written as Unit 5, 40 Nepean Highway.
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 Dec 2014 Owner‑occupier transaction | $776,000 | — |
| Sale | 16 Dec 2009 | $650,000 | — |
| Sale | 1 May 1981 | $63,000 | — |
| Sale | 30 Mar 1979 | $48,000 | — |
5/40 Nepean Highway is described with 3 bedrooms, 1 bathroom, 2 parking spaces, land size of 1,971 m², built around 1977
Aspendale Primary School is the nearest primary school, located approximately 0.84 km away
Mordialloc Creek runs nearby, about 0.8 km from the address
Mordialloc railway station is the closest station, roughly 1.0 km away
5/40 Nepean Highway is listed as Apartment in Aspendale, VIC
5/40 Nepean Highway includes Sold for $776,000 on 1 Dec 2014
The calculated market estimate is $1,143,750, the calculated weekly rent is $780 per week, and the indicative gross yield is 3.55%
5/40 Nepean Highway has a recorded sale at $776 k on 1 Dec 2014
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