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 2.7% and has experienced a 12-month capital growth of Down -6.7%, with a median house buy price of $2,325,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,825,000
$2,088,500
$4,675,000
$2,325,000
Suburb Market Profile
Last month Armadale had 50 properties available for rent and 61 properties for sale. Median property prices over the last year range from $2,325,000 for houses to $665,000 for units. If you are looking for an investment property, consider houses in Armadale rent out for $1,100 PW with an annual rental yield of 2.7% and units rent for $600 PW with a rental yield of 4.7%. Armadale has seen an annual compound growth rate of -6.7% for houses and -0.6% for units.