Suburb Location
Market Indexes of Armadale
- $2,600,000 Median Asking Price
- $768 Median Rent
- 0.02% Rent Yield
- 111 Stock On Sale
- 1.65% Vacancy Rate
- 54 Average Supply
- 5387 Average Demand
- 99.46 Supply Demand Ratio
Demographics of Armadale
Dwelling Structure
| Separate house | 1288 |
|---|---|
| Semi-detached | 936 |
| Unit/apartment | 1563 |
| Other | 17 |
Occupied/unoccupied
| Occupied | 3813 |
|---|---|
| Unoccupied | 437 |
Persons
| Males | 4114 |
|---|---|
| Females | 4646 |
Tenure and Landlord Type
| Owned outright | 1183 |
|---|---|
| Owned with a mortgage | 850 |
| Rented | 1636 |
| Public housing | 49 |
| Other | 92 |
Medians and Averages
| Median total household income | 1712 $/week |
|---|---|
| Median mortgage repayment | 2500 $/month |
| Median rent | 350 $/week |
| Average household size | 2.1 |
| Persons | 8760 |
| Total private dwellings | 4250 |
Supply Demand History in Armadale
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 44 | 7751 |
| 2015 May | 47 | 8262 |
| 2015 Jun | 36 | 5258 |
| 2015 Jul | 34 | 4868 |
| 2015 Aug | 46 | 6315 |
| 2015 Sep | 43 | 4975 |
| 2015 Oct | 56 | 5168 |
| 2015 Nov | 63 | 5288 |
| 2015 Dec | 47 | 2748 |
| 2016 Jan | 44 | 3538 |
| 2016 Feb | 58 | 5624 |
| 2016 Mar | 54 | 4833 |
| 2016 Apr | 55 | 6496 |
More Properties Sold in Armadale
| Address | Sold Date | Price | |
|---|---|---|---|
| 13 Stanhope Street, Armadale VIC | 2 1 - | 22 Apr 2024 | $0 |
| 11/25 Kooyong Road, Armadale VIC | 2 2 1 | 20 Apr 2024 | $642,500 |
| 9/18-20 St Georges Road, Armadale VIC | 2 1 1 | 20 Apr 2024 | $640,000 |
| 2/28 Elgin Avenue, Armadale VIC | 2 1 1 | 18 Apr 2024 | $0 |
| 14 Densham Road, Armadale VIC | 3 2 1 | 14 Apr 2024 | $0 |
More Properties Rent in Armadale
| Address | Rent Date | Price | |
|---|---|---|---|
| 8/8 Avondale Road, Armadale VIC | 2 1 1 | 28 Mar 2024 | $490 |
| 7 Barkly Avenue, Armadale VIC | 3 1 1 | 28 Mar 2024 | $1,300 |
| 9 Clarendon Street, Armadale VIC | 2 1 1 | 27 Mar 2024 | $850 |
| 704/5 Evergreen Mews, Armadale VIC | 2 2 2 | 26 Mar 2024 | $880 |
| 8/54 Sutherland Road, Armadale VIC | 1 1 1 | 25 Mar 2024 | $400 |
Rent Yield in Armadale
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $424,600 | $452 | 5.54% | $450,000 | $450 | 5.20% | 45 |
| 2 | $783,175 | $626 | 4.16% | $719,500 | $580 | 4.19% | 115 |
| 3 | $1,502,636 | $926 | 3.20% | $1,450,000 | $850 | 3.05% | 51 |
| 4 | $6,640,714 | $1,086 | 0.85% | $4,995,000 | $850 | 0.88% | 15 |
| 5 | - | $1,300 | - | - | $1,300 | - | 1 |
| House | |||||||
| 2 | $1,250,000 | $727 | 3.02% | $1,250,000 | $750 | 3.12% | 4 |
| 3 | $770,750 | $744 | 5.02% | $437,000 | $650 | 7.73% | 15 |
| 4 | - | $798 | - | - | $650 | - | 4 |
| Unit/apmt | |||||||
| 1 | $417,000 | $444 | 5.54% | $425,000 | $440 | 5.38% | 27 |
| 2 | $651,316 | $625 | 4.99% | $640,000 | $578 | 4.70% | 55 |
| 3 | $1,282,000 | $950 | 3.85% | $1,150,000 | $950 | 4.30% | 6 |
| Villa | |||||||
| 3 | $295,000 | - | - | $295,000 | - | - | 1 |
| Townhouse | |||||||
| 3 | $1,450,000 | $1,000 | 3.59% | $1,450,000 | $1,000 | 3.59% | 2 |
| Apartment | |||||||
| 2 | - | $490 | - | - | $490 | - | 1 |
| Other | |||||||
| 1 | - | $450 | - | - | $450 | - | 1 |
| 2 | - | $450 | - | - | $450 | - | 1 |
| 3 | - | $815 | - | - | $815 | - | 1 |
| Unknown | |||||||
| 1 | $439,800 | $462 | 5.46% | $450,000 | $450 | 5.20% | 17 |
| 2 | $885,100 | $628 | 3.69% | $757,500 | $578 | 3.97% | 54 |
| 3 | $1,983,636 | $1,060 | 2.78% | $1,850,000 | $1,000 | 2.81% | 26 |
| 4 | $6,640,714 | $1,375 | 1.08% | $4,995,000 | $1,100 | 1.15% | 11 |
| 5 | - | $1,300 | - | - | $1,300 | - | 1 |
Schools in Armadale
| School Name | School Sector | School Type |
|---|---|---|
| Armadale Primary School | Non-government | Primary |
| Lauriston Girls' School | Non-government | Combined |
| The King David School | Non-government | Combined |
Based on Australian Bureau of Statistics data
