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Investment Property Armadale, VIC, 3143

Suburb Snapshot

Armadale is a suburb in the Stonnington Region of Victoria. Armadale has a population of 9,053 people and 37.88% of its occupants live in rental accommodation. The median listing price for houses is $2,000,000 and this has changed 0.00% over the past year and changed -16.67% over 2 years.

The median rent in Armadale for houses is $900 per week and the median rental yield is 2.34%. Stock on the market for houses/townhouses has changed -12.12% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $750,000 and this has changed -2.92% over the past year. The average unit takes 134 days to sell and the median rent for a unit in Armadale is $560 per week, producing a rental yield of 3.88%.

Supply & Demand in Armadale, Stonnington

1.44%

Current vacancy rate


81

Rental stock available


9,053

Population


37.88%

Rental population


1.61%

Current vacancy rate


992

Rental stock available


103,831

Population


38.99%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Armadale, Stonnington

  House Townhouses Units
Median listing price $2,000,000 NA $750,000
Median price change - last quarter -2.50% NA 1.62%
Median price change - 1 year 0.00% NA -2.92%
Median price change - 2 years -16.67% NA 0.06%
  House Townhouses Units
Median weekly rent $900 $880 $560
Median yield % 2.34% NA 3.88%
Median rent change - 1 year 5.88% -1.68% 7.69%
  House Units
Previous month sales 4 12
Stock on market previous month 29 110
Stock variance vs. last year -12.12% 7.84%
Average days on market 66 134

Armadale investment property listings

Showing 1 of 1 investment properties found in Armadale on realestateinvestar.com.au

29 Clarendon St, Armadale

$1,700,000

property pic

Position, Style, Lifestyle

Perfectly positioned just meters from exclusive High Street Armadale retail and restaurants, this newly refurbished solid brick Edwardian residence offers an irresistible lifestyle, integrating period character, designer style and modern sophistication from the arched hallway through to the ...

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VIC 3143


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