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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 5 of 127 investment properties found in Armadale on realestateinvestar.com.au

401/6B Evergreen Mews, Armadale

$980,000

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Stunning Alfresco Entertainer with Resort-Style Toorak Park Indu

A stunning illustration of Stonnington style, this captivating 2 bedroom, 2 bathroom, 2 car-park apartment is enriched by designer finishes, natural light and breathtaking parkland views from a truly oversized outdoor terrace (approx. 81sqm). Venture downstairs from your sunlit sanctuary and the ...

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VIC 3143


10/9 Barnato Grove, Armadale

$820,000

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Generously proportioned, perfectly positioned!

EXPRESSIONS OF INTEREST Bathed in natural light & positioned on the top floor of a well presented block in an exclusive Armadale cul-de-sac, this inviting apartment delivers space, privacy & leafy serenity in one of Melbourne's most prestigious lifestyle locations. The flowing, well planned layout ...

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VIC 3143


23 Egerton Rd, Armadale

$3,250,000

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Consummate Contemporary Luxury and Refinement

Showcasing palatial proportions, lavish finishes and captivating landscaped outdoor surrounds, this stunning architect-designed four-bedroom, three-bathroom contemporary residence delivers an unrivalled executive lifestyle moments to every Armadale drawcard. The brilliant design allows all living ...

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VIC 3143


Penthouse/608-622 Orrong Rd, Armadale

$10,000,000

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Striking 360 Degree Views

EOI Closing Friday 29th May at 12pm This expansive dual level penthouse, with lift access throughout, is flooded with North, West and East facing light, opens to a private rooftop terrace, complete with a pool/spa featuring breathtaking views from Port Phillip Bay, city skyline, Romanos Reserve, ...

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VIC 3143


6/511 Dandenong Rd, Armadale

$710,000

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Contemporary Living with an Expansive Private Terrace

Set within a modern, architecturally designed boutique complex, this well-proportioned two-bedroom apartment delivers a smart layout, quality finishes and an exceptional outdoor terrace rarely found at this level. With generous living zones, excellent storage and secure parking, it offers ...

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VIC 3143


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