About this property
Also written as Unit 4, 40 Nelson Road.
South Melbourne VIC 3205, Australia
Also written as Unit 4, 40 Nelson Road.
Based on curated rent estimate.
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.
The property at 4/40 Nelson Road is a unit. It is part of the medium‑rise residential stock typical of South Melbourne
South Melbourne lies about 3 kilometres south of Melbourne's CBD, so the unit is roughly that distance from the city centre, making it a short commute
The unit is within a 0.4‑km walk of the South Melbourne light rail station and the Montague St/Park St tram stop, providing access to tram routes 1, 12, 58 and 96
South Melbourne market is just 0.5 km away, and the main commercial strip on Clarendon Street, with many cafés, eateries and retailers, is also within easy walking distance
Yes – attractions such as Bellhouse Iron House, Abercrombie House, the former Queens Arms Hotel and a prefabricated cottage are all within 0.3–0.5 km of the unit
South Melbourne recorded a population of 11,548 in the 2021 census, reflecting a vibrant inner‑city community
The suburb is known for its Victorian‑era terraced and semi‑detached homes, many of which are heritage‑listed, although newer apartments and units like this one have also been built
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