ARMADALE 3143
State: VICPosiProp AI Investment Summary
ARMADALE (VIC 3143) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Down -12.0%, with a median house buy price of $2,332,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,800,000
$2,291,250
$3,920,000
$2,332,500
Suburb Market Profile
Last month Armadale had 73 properties available for rent and 60 properties for sale. Median property prices over the last year range from $2,332,500 for houses to $675,000 for units. If you are looking for an investment property, consider houses in Armadale rent out for $1,050 PW with an annual rental yield of 2.9% and units rent for $620 PW with a rental yield of 4.7%. Armadale has seen an annual compound growth rate of -12.0% for houses and 1.9% for units.