Market snapshot
Suburb insights for Armadale3143
Change suburbArmadale is located 7 km south-east of the CBD and north of the Princes Highway. The suburb is primarily residential with vibrant commercial areas including the High Street shopping strip and Malvern Central Shopping Centre. For transport a number of tram lines traverse the suburb Toorak Railway Station and Armadale Railway Station are also easily accessible.
Sales data
Median sale price
$1.9mil
Quarterly price change
-10.8%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Armadale | Metro comparison |
|---|---|---|
| 2 | $1,662,500 | $902,000 |
| 3 | $2,451,500 | $807,500 |
| 4 | $3,350,000 | $950,000 |
| Insight | Armadale | Metro comparison |
|---|---|---|
| Clearance rate | 70% | 73.3% |
| Days on market | 38.5 | 42 |
Rental data
Median weekly rent
$900
Rental yield
1.9%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Armadale | Metro comparison |
|---|---|---|
| 2 | $750 | $560 |
| 3 | $1,100 | $550 |
| 4 | $1,200 | $595 |
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