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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 $2,295,000 and this has changed -0.22% over the past year and changed 27.85% over 2 years.

The median rent in Armadale for houses is $725 per week and the median rental yield is 1.64%. Stock on the market for houses/townhouses has changed 138.10% compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $800,000 and this has changed -5.89% over the past year. The average unit takes 136 days to sell and the median rent for a unit in Armadale is $400 per week, producing a rental yield of 2.60%.

Supply & Demand in Armadale, Stonnington

2.91%

Current vacancy rate


157

Rental stock available


9,053

Population


37.88%

Rental population


4.29%

Current vacancy rate


2,538

Rental stock available


103,831

Population


38.99%

Rental population


1.31%

Current vacancy rate


38,065

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 $2,295,000 NA $800,000
Median price change - last quarter 4.54% NA -2.44%
Median price change - 1 year -0.22% NA -5.89%
Median price change - 2 years 27.85% NA 8.10%
  House Townhouses Units
Median weekly rent $725 $760 $400
Median yield % 1.64% NA 2.60%
Median rent change - 1 year -9.38% 7.04% -6.98%
  House Units
Previous month sales 19 7
Stock on market previous month 50 84
Stock variance vs. last year 138.10% 12.00%
Average days on market 56 136

Armadale investment property listings

Showing 5 of 125 investment properties found in Armadale on realestateinvestar.com.au

4/20 Denbigh Rd, Armadale

$730,000

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Boutique two bedroom apartment in premier location

**IMPORTANT NOTICE: CHECK IN VIA QR CODE AND PROOF OF FULL VACCINATION STATUS REQUIRED PRIOR TO ENTRY FOR ANY ATTENDEES OF OPEN FOR INSPECTIONS AND AUCTIONS. PRIVATE INSPECTIONS CAN ALSO BE ARRANGED IF YOU PREFER TO VIEW OUTSIDE OF THE ADVERTISED TIME, OR YOU DO NOT WISH TO DISCLOSE YOUR ...

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VIC 3143


105/6B EVERGREEN Mews, Armadale

$1,650,000

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Luxurious Neighborhood living in the heart of Armadale

Located in Toorak Park, a masterpiece planned community set within a garden setting in leafy Armadale. The fantastic location is one of the few blue-chip inner-city suburbs in Melbourne where people can live in the heart of a vibrant community but still enjoy a relaxed suburban lifestyle. Toorak ...

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VIC 3143


2/507 Dandenong Rd, Armadale

$650,000

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Bright Entertainer

Delight in the lovely, manicured gardens and modern fa├žade as you enter your new home, situated at the front of this impressive multi-level apartment block. This spacious, private elevated ground floor apartment is cleverly designed with the sense of space enhanced by the open plan living, dining, ...

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VIC 3143


6/379 Dandenong Rd, Armadale

$545,000

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Sunny & spacious courtyard apartment

With secure entry from Denbigh Road & enjoying a coveted rear position on the ground floor of the block, this solid-brick apartment offers first-class comfort in an excellent floor plan. Flowing outside to a full-width private courtyard drenched in north-western sunshine, the solid interior offers ...

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VIC 3143


3/60 Wattletree Rd, Armadale

$1,050,000

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Seriously Spacious, Superbly Secluded

Utterly uncompromising in a convenient Armadale location, this three bedroom two bathroom ground-floor apartment's amazing 130sqm (approx.) of accommodation, impeccable finishes, classic modern style and low-maintenance footprint is ideal for those with high expectations and busy lifestyles. ...

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VIC 3143


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