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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


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

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

Showing 2 of 2 investment properties found in Armadale on realestateinvestar.com.au

21 Forrest Rd, Armadale

$849,000

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Medical suite in Prime location

As far as opportunities go, they don't come any better than this one. Held by the same owner since the property was built and operating as a Physiotherapist for over 40 years. Current use confirmed by the council is Consulting rooms, however it is zoned residential R40 and sitting on 1212sqm of ...

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Commercial

WA 6112


5/88 Church Ave, Armadale

$429,000

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Perfect For First Home Buyers, Downsizers & Investors

New Listing by Diljot Randhawa, Karar Hussain & Ray White Armadale City Welcome to Unit 5, 88 Church Avenue, Armadale Low-maintenance living meets unbeatable convenience in this solid and stylish 2-bedroom, 1-bathroom unit nestled in a quiet, secure complex in the heart of Armadale. Whether you're ...

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House

WA 6112


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