Armadale is seeing the same flight to quality and affordability shaping buyer decisions across the pocket right now. Buyers want solid, carefully constructed homes with genuine privacy and outdoor space, and parking remains a real drawcard here despite the suburb's easy access to transport.
Clearance rates are heading in a clearly positive direction, houses up 17.4 per cent year on year to 67.8 per cent, and units even stronger at 68.9 per cent, up 35.2 per cent, even as overall volume has eased. Interstate buyers, including advocates acting on their behalf, continue to show real interest in what this pocket offers.
As footy finals lift Melbourne's mood and buyers look to get ahead of the curve, fewer properties are coming to market here, but the ones that do, particularly those built to last, are meeting real, growing competition.
Median sale price for houses in Armadale is $2,250,000, down 7.2% from last year.
Median sale price for units in Armadale is $694,000, down 0.9% from last year.
Properties sold for houses in Armadale is 83, down 19.4% from last year.
Properties sold for units in Armadale is 147, down 16.9% from last year.
Auction clearance for houses in Armadale is 63.3%, up 13.3% from last year.
Auction clearance for units in Armadale is 61.0%, up 4.0% from last year.
Av days on market for houses in Armadale is 34, up 9.7% from last year.
Av days on market for units in Armadale is 34, down 35.8% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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