Market snapshot

Suburb insights for Armadale3143

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Armadale 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.

Recent sales and auction results in Armadale

AddressBedroomsPriceTypeMethodSale DateAgentListing
8/15 Denbigh Rd, Armadale2PriceUnitAuction Sale20/07/2024Belle Property ArmadaleView
3/1 Munro St, Armadale3PriceApartmentSold Before Auction16/07/2024Belle Property ArmadaleView
2/11 Kooyong Rd, Armadale1PriceUnitSold Before Auction4/07/2024Belle Property Armadale

Sales data

Median sale price
$2.1mil
Quarterly price change
-22.1%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsArmadaleMetro comparison
2$1,660,000$902,500
3$2,420,000$810,000
4$3,075,000$955,000
InsightArmadaleMetro comparison
Clearance rate82.9%73.8%
Days on market3942

Rental data

Median weekly rent
$870
Rental yield
1.8%
Metro Melbourne Comparison
$560
3.2%
BedroomsArmadaleMetro comparison
2$775$550
3$1,035$540
4$1,275$580
Median data for the current quarter
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