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Investment Property Armadale, WA, 6112

Suburb Snapshot

Armadale is a suburb in the Armadale Region of Western Australia. Armadale has a population of 13,619 people and 33.59% of its occupants live in rental accommodation. The median listing price for houses is $549,000 and this has changed 37.59% over the past year and changed 71.56% over 2 years.

The median rent in Armadale for houses is $570 per week and the median rental yield is 5.39%. Stock on the market for houses/townhouses has changed -7.83% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $439,000 and this has changed 52.43% over the past year. The average unit takes 66 days to sell and the median rent for a unit in Armadale is $500 per week, producing a rental yield of 5.92%.

Supply & Demand in Armadale, Armadale

1.00%

Current vacancy rate


68

Rental stock available


13,619

Population


33.59%

Rental population


0.72%

Current vacancy rate


299

Rental stock available


79,598

Population


19.95%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Armadale, Armadale

  House Townhouses Units
Median listing price $549,000 $474,500 $439,000
Median price change - last quarter 10.02% 2.44% 6.06%
Median price change - 1 year 37.59% 43.78% 52.43%
Median price change - 2 years 71.56% 70.07% 69.49%
  House Townhouses Units
Median weekly rent $570 $550 $500
Median yield % 5.39% 6.02% 5.92%
Median rent change - 1 year 16.32% 19.56% 12.35%
  House Units
Previous month sales 11 1
Stock on market previous month 106 13
Stock variance vs. last year -7.83% 30.00%
Average days on market 66 66

Armadale investment property listings

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