909 High Street, Armadale, VIC 3143 | Property Value & History | OnTheHouse
OFF MARKET

909 High Street
Armadale VIC 3143

Bedrooms: 5
Bathrooms: -
Car spaces: -
Land area: 208m2
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Property Details for 909 High St, Armadale

Building Type
Commercial
Land Size
208m2
Local Government
Stonnington
Lot/Plan
1/TP517083

Last Listing description (September 2021)

Aston Commercial are pleased to offer 909-913 High Street, Armadale to the market for sale via Expressions of Interest closing on Tuesday 28th September 2021 at 2:00pm.

This fantastic collection of fully occupied tenancies across four retail shopfronts and one basement tenancy offers investors an opportunity to acquire this landmark site prominently located within the thriving High Street retail strip.

With the certainty of secure multiple income streams today this property also has the flexibility of combining tenancies in the future or the ultimate goal of redeveloping to a high end Mixed Use development leveraging off its city fringe location, access to public transport and lifestyle settings.

A premier retail position on the north side of High Street with significant street presence in the heart of affluent Armadale, providing income today but an enormous opportunity to develop into the future.

Property Highlights:

Land Area: 870 sqm*
Five (5) individual tenancies
Combined Income - $264,387 pa*
Commercial Zone 1 C1Z
Significant street frontage to High Street*
ROW Access

For further information please contact the exclusive selling agents.

Property History for 909 High St, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$6,750,000
29 Sep 2021
Listed for Rent
$1.34k/w
03 May 2021
  • 29 Sep 2021
    Sold for $6,750,000
  • 30 Aug 2021
    Listed for Sale Contact Agent
  • 30 Oct 2020
    Listed for Rent - Price not available
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About Armadale 3143

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 7,093 properties. Over the last 5 years, Houses in Armadale have seen a 10.76% increase in median value, while Units have seen a -2.59% decrease. As at 31 December 2025:

  • The median value for Houses in Armadale is $2,588,683 while the median value for Units is $681,788.
  • Houses have a median rent of $850 while Units have a median rent of $610.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Armadale on OnTheHouse. According to Cotality's data, 364 properties were sold in the past 12 months in Armadale.

Suburb Insights for Armadale 3143

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.