SOLD
RECENT ADVICE
Sold on 12 May 2024 for $1,575,000

1/5 The Terrace
Armadale VIC 3143

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
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Property Details for 1/5 The Terrace, Armadale

1/5 The Terrace, Armadale is a 4 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom Townhouse sold in Armadale in the last 12 months.

Building Type
Townhouse
Local Government
Stonnington
Lot/Plan
1/RP7549

Last Listing description (May 2024)

Discover the epitome of luxury and sophistication in this completely refurbished contemporary townhouse. Natural light, en-trend styling define welcoming interiors, with a spacious living room flowing through to a state-of-the-art kitchen/meals area flaunting high-end appliances and illustrious stone surfaces. Outdoors, enjoy entertaining in peace and privacy with a large deck and space for children and pets to run and play. Flawless finishes are continued throughout 3 over-sized robed bedrooms including main bedroom with private balcony and sublime 2-way ensuite, complemented by a ground floor bedroom/home office, guest bathroom, split system heating/AC, additional deck and 2 car spaces. Positioned in a serene cul-de-sac setting, a short walk to Malvern Central, Wattletree Road trams, Armadale station, parks and Glenferrie Road and High Street's cafes and shops.

Property History for 1/5 The Terrace, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$1,575,000
12 May 2024
  • 12 May 2024
    Sold for $1,575,000
  • 03 May 2024
    Listed for Sale Under Contract
  • 31 Aug 2019
    Sold for $980,000
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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 2011 was 8,760 people. By 2016 the population was 9,057 showing a population growth of 3.4% 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 2011, 53.3% of the homes in Armadale were owner-occupied compared with 52.4% in 2016.

Armadale has 6,892 properties. Over the last 5 years, Houses in Armadale have seen a 14.14% increase in median value, while Units have seen a -0.02% decrease. As at 31 October 2024:

  • The median value for Houses in Armadale is $2,610,423 while the median value for Units is $691,415.
  • Houses have a median rent of $850 while Units have a median rent of $580.
There are currently 17 properties listed for sale, and 7 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Armadale.

Suburb Insights for Armadale 3143

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Cherie Sun
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Ripple Wu
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.