870/872 Malvern RoadArmadale VIC 3143
Property Details for 870/872 Malvern Rd, Armadale
870/872 Malvern Rd, Armadale is a 10 bedroom, 4 bathroom House.
Last Listing description (September 2015)
As irresistible as it is irreplaceable, the opportunity to acquire this significant Armadale site represents a spectacular range of rewarding options. Currently, a pair of substantial three bedroom apartments in MARAROA and dual two bedroom apartments in separate, free standing ROSMAR convey evocative art deco character throughout their impressive proportions, framed by north facing aspects and rear outdoor dimensions that include an intriguing former stables area. Scope to update (STCA) and receive enhanced rental returns or to pursue the potential of a premium allotment of some 653sqm approx. (STCA), is complemented by one of Armadales most prominent positions, close to Toorak station, High Street and prestigious schools.
Property History for 870/872 Malvern Rd, Armadale, VIC 3143
- 11 Aug 2015Listed for Sale Not Disclosed
Recent sales nearby
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About Armadale 3143
The size of Armadale is approximately 2.2 square kilometres. There are 7 parks, covering nearly 2.9% of the 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 7,089 properties. Over the last 5 years, Houses in Armadale have seen a 4.08% increase in median value, while Units have seen a 2.35% increase. As at 31 May 2026:
- The median value for Houses in Armadale is $2,674,255 while the median value for Units is $745,481.
- Houses have a median rent of $1,100 while Units have a median rent of $620.
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