Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
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 | $1,900,000 | +20.3% | $378,000 | $8,350,000 | 90 |
| 2011 | $1,505,000 | -26.2% | $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 | 116 |
| 2022 | $2,630,000 | -2.7% | $1,275,000 | $7,950,000 | 91 |
| 2023 | $2,495,000 | -5.4% | $1,075,000 | $15,000,000 | 104 |
| 2024 | $2,180,000 | -14.4% | $950,000 | $7,060,000 | 86 |
| 2025 | - | - | - | - | - |
Median Sale Price
$2.2M
Based on 86 recorded sales within the last 12 months
Updated on 21 Jan 2025
Suburb Growth
-12.0%
Current Median Price: $2,200,000
Previous Median Price: $2,463,000
Based on 191 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
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 | 119 |
| 2022 | $810 | +1.9% | $280 | $3,000 | 105 |
| 2023 | $900 | +10.0% | $480 | $3,500 | 98 |
| 2024 | $900 | 0.0% | $250 | $3,000 | 89 |
| 2025 | - | - | - | - | - |
Median Rent Price
$900
per week
Based on 85 recorded rent within the last 12 months
Updated on 21 Jan 2025
Rent Price Growth
0.0%
Current Median Rent: $900
Previous Median Rent: $900
Based on 178 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.1%
Current Median Price: $2,200,000
Current Median rent: $900
Based on 171 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Armadale
Houses sold in Last 12 months ends 18 Jan 2025
$1.72M
Median Sale Price
52%
Clearance Rate
29/56
Sold/Reported
$2.38M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 2 | |
| $1.6 M - $1.8 M (Median Price Range) | 3 | |
| $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 |