Auction Times
Sat 9 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 12A/18 Mercer Road 2 1 1 Apartment | 1:00 PM Sat 9th Jul | Hocking Stuart |
Median Sale Price
House
$2.69M
Updated on May 2022
2 BR $1.69M | 3 BR $2.46M | 4 BR $4M |
Unit
$630K
Updated on May 2022
1 BR $440K | 2 BR $665K | 3 BR $1.18M |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,515,000 | 0.0% | $415,500 | $4,200,000 | 102 |
| 2010 | $1,850,000 | +18.1% | $378,000 | $8,350,000 | 90 |
| 2011 | $1,505,000 | -22.9% | $697,000 | $8,300,000 | 94 |
| 2012 | $1,551,500 | +3.0% | $710,000 | $9,500,000 | 102 |
| 2013 | $1,525,000 | -1.7% | $547,768 | $5,900,000 | 99 |
| 2014 | $1,699,000 | +10.2% | $760,000 | $7,550,000 | 105 |
| 2015 | $2,175,000 | +21.9% | $845,000 | $5,900,000 | 83 |
| 2016 | $2,250,000 | +3.3% | $1,125,000 | $5,525,000 | 78 |
| 2017 | $2,065,000 | -9.0% | $1,210,000 | $6,520,000 | 85 |
| 2018 | $1,850,000 | -11.6% | $625,000 | $7,920,000 | 82 |
| 2019 | $2,030,000 | +8.9% | $975,000 | $10,375,000 | 83 |
| 2020 | $2,320,000 | +12.5% | $485,000 | $8,400,000 | 54 |
| 2021 | $2,700,000 | +14.1% | $1,020,000 | $10,600,000 | 115 |
| 2022 | $2,607,000 | -3.6% | $1,355,000 | $3,961,000 | 52 |
Median Sale Price
$2.61M
Based on 107 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+1.2%
Current Median Price: $2,607,000
Previous Median Price: $2,575,000
Based on 194 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$778
Updated on May 2022
2 BR $675 | 3 BR $875 | 4 BR $1,100 |
Unit
$425
Updated on May 2022
1 BR $330 | 2 BR $450 | 3 BR $750 | 4 BR $1,125 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $680 | 0.0% | $290 | $4,500 | 65 |
| 2012 | $650 | -4.6% | $280 | $2,200 | 85 |
| 2013 | $700 | +7.1% | $280 | $2,700 | 98 |
| 2014 | $650 | -7.7% | $275 | $2,700 | 92 |
| 2015 | $725 | +10.3% | $290 | $2,700 | 148 |
| 2016 | $800 | +9.4% | $350 | $3,200 | 129 |
| 2017 | $800 | 0.0% | $370 | $2,500 | 152 |
| 2018 | $860 | +7.0% | $350 | $2,600 | 143 |
| 2019 | $750 | -14.7% | $320 | $3,195 | 113 |
| 2020 | $820 | +8.5% | $320 | $2,685 | 125 |
| 2021 | $795 | -3.1% | $340 | $4,128 | 118 |
| 2022 | $880 | +9.7% | $280 | $2,200 | 38 |
Median Rent Price
$800
per week
Based on 94 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+0.6%
Current Median Rent: $800
Previous Median Rent: $795
Based on 218 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.6%
Current Median Price: $2,607,000
Current Median rent: $800
Based on 201 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Auction Results For Armadale
Houses sold in Last 12 months ends 25 Jun 2022
$2.68M
Median Sale Price
56%
Clearance Rate
31/56
Sold/Reported
$3.96M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 2 | |
| $2 M - $3 M (Median Price Range) | 3 | |
| $1.6 M - $1.8 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
Similar Suburbs to Armadale 3143
Based on median house sale price sold in last 12 months
Schools closest to Armadale, VIC 3143
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Armadale Primary School | 9-23 DENSHAM ROADArmadale 3143 | Primary | Government | 0.38 km |
| Lauriston Girls' SchoolTop 10 | 38 HUNTINGTOWER RDArmadale 3143 | Combined | Independent | 0.63 km |
| The King David School | 517-519 ORRONG RDArmadale 3143 | Combined | Independent | 0.82 km |
| The King David School Magid Institute CampusTop 50 | Armadale 3143 | Combined | Independent | 0.89 km |
| Our Lady of Lourdes School | 7 WYNNSTAY RDPrahran 3181 | Primary | Catholic | 0.91 km |
| St Joseph's Primary School | 49 STANHOPE STMalvern 3144 | Primary | Catholic | 1.07 km |
| De La Salle College | 1318 HIGH STREETMalvern 3144 | Combined | Catholic | 1.18 km |
| Toorak Primary SchoolTop 100 | CANTERBURY ROADToorak 3142 | Primary | Government | 1.38 km |
| Loreto Mandeville HallTop 20 | Toorak 3142 | Combined | Independent | 1.59 km |
| Caulfield Junior College | 186 BALACLAVA ROADCaulfield North 3161 | Primary | Government | 1.73 km |