Superbly located close to transport, retail outlets, restaurants and cafes this premium 740 sqm corner allotment (approx.) presents a tremendous opportunity to develop, STCA. The generous allotment in a designated residential growth zone provides for a height provision to 13.5m, enhancing overall design flexibility. The rewarding development potential is further substantially improved by its second frontage to Gladstone Avenue. The existing Victorian residence, comprising 5 principal areas and a self-contained one bedroom apartment, currently operates as dental consulting rooms with parking for 6 cars the option to retain as a dental practice remains or convert to medical suites STCA. With its close proximity to Malvern Central, Glenferrie Road shopping precinct, Cabrini, Malvern Station, trams and parkland, this unique property offers outstanding promise in the heart of Armadale.
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The size of Armadale is approximately 2.2 square kilometres. It has 7 parks covering nearly 2.9% of total area. The population of Armadale in 2016 was 9054 people. By 2021 the population was 9368 showing a population growth of 3.5% in the area during that time. The predominant age group in Armadale is 30-39 years. Households in Armadale are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Armadale work in a professional occupation.In 2021, 52.60% of the homes in Armadale were owner-occupied compared with 52.40% in 2016.
Armadale has 7,099 properties. Over the last 5 years, Houses in Armadale have seen a -2.55% decrease in median value, while Units have seen a -4.39% decrease. As at 31 March 2026:
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