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City of Stonnington
Armadale

Armadale Property Market
& Suburb Profile

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MEDIAN PRICES IN ARMADALE

Median house price

(all agencies, last 12 months)$2.5m*

House price change

(all agencies, last 12 months)+3.5%

Median unit price

(all agencies, last 12 months)$666k*

Unit price change

(all agencies, last 12 months)-9.76%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

ARMADALE PRICE TRACKER

HousesUnits

ARMADALE SALES OVERVIEW

  • Sold by Auction 63%
  • Sold by Private Sale or Other Method 37%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)27

Average days on market (units)

(all agencies, 12 months)29

Auction clearance rate in Armadale

(all agencies, last 12 months)67%

Average held period in Armadale

(proptrack)12 years

ARMADALE INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$1,414pw

House rental price change

(all agencies, last 12 months)0.12%

Median rental price for Units

(all agencies, last 12 months)$622pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)2.86%

Average rental yield for Units

(all agencies, last 12 months)4.51%

Armadale total population size

(as at the last census)9,368

Median household size in Armadale

(as at the last census)2

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

ARMADALE PROPERTY TYPES

  • Houses 18%
  • Units 48%
  • Other 34%

OCCUPANCY IN ARMADALE

  • Owned 53%
  • Rented 45%
  • Other/Not Stated 2%
  • Singles 40%
  • Families 54%
  • Other 6%

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ABOUT ARMADALE

Armadale is a premier "blue-chip" suburb located approximately seven kilometres southeast of the Melbourne CBD. One of the city’s most affluent and tightly held residential areas, it is defined by a sophisticated blend of 19th-century history and high-end modern living.

The suburb is widely celebrated for its heritage streetscapes - featuring grand Victorian and Edwardian estates - and its role as a major center for boutique fashion, antique galleries, and artisanal dining.

The lifestyle in Armadale is anchored by the iconic High Street precinct, which serves as a world-class retail and culinary destination. This strip is home to an array of designer boutiques, bridal ateliers, and specialty homeware stores, as well as renowned cafes and fine-dining establishments like Amaru and Moby. For recreation, residents enjoy a range of manicured green spaces, including Armadale Reserve, the serene Union Street Gardens, and Victory Square. The suburb’s elevated social atmosphere is further enhanced by its high walkability and a community character that is both quiet and cosmopolitan, attracting a demographic of affluent professionals and established families.

Infrastructure and connectivity are hallmarks of the suburb's convenience. Armadale is served by two railway stations - Armadale and Toorak - located on the Cranbourne, Pakenham, and Frankston lines, providing a quick commute to the CBD. Multiple tram routes, including those along High Street and Glenferrie Road, offer easy access to neighboring hubs like Malvern and South Yarra. As of late 2025, the area also benefits from the opening of the Metro Tunnel, which has increased overall network capacity and reliability for the southeastern corridor. Local urban planning remains strictly focused on preserving the suburb's heritage character while managing thoughtful medium-density residential growth near its transport nodes.

Education is a central pillar of Armadale's prestige, with the suburb hosting or sitting adjacent to several of Melbourne's most elite schools. Armadale Primary School, established in 1884, is the historic heart of the local education landscape, known for its academic excellence and strong community involvement. The suburb is also home to the King David School (Junior School) and is positioned within walking distance of other premier institutions like Lauriston Girls' School and Loretto Mandeville Hall. This concentration of top-tier educational facilities, combined with a secure and leafy environment, makes Armadale a perennial favorite for families prioritizing long-term educational outcomes.

From a property perspective, Armadale is a resilient and high-performing market characterized by significant historical integrity. The housing stock is dominated by grand detached period homes and meticulously restored terraces, alongside a growing sector of luxury boutique apartments. As of late 2025, the median house price reflects the suburb's status as one of Melbourne's most expensive, with strong capital growth driven by high demand and limited supply. With its unique combination of architectural beauty, elite shopping, and world-class transit, Armadale remains one of the most stable and aspirational residential addresses in Victoria.

Education

Armadale Primary School
Lauriston Girls' School
The King David School
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ARMADALE MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025324$1,595,5003.50%538$1,018pw3.68%
2024299$1,587,500-3.17%527$919pw3.53%
2023299$1,655,750-3.34%521$837pw3.12%
2022317$1,684,5000.85%773$799pw3.02%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025324$1,595,500+3.50%
2024299$1,587,500-3.17%
2023299$1,655,750-3.34%
2022317$1,684,500+0.85%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025538$1,018pw3.68%
2024527$919pw3.53%
2023521$837pw3.12%
2022773$799pw3.02%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.