SOLD
Sold on 04 Jul 2024 for $460,000

2/11 Kooyong Road
Armadale VIC 3143

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 859m2
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Property Details for 2/11 Kooyong Rd, Armadale

2/11 Kooyong Rd, Armadale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 859m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Armadale in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
47m2
Land Size
859m2
Local Government
Stonnington
Lot/Plan
2/RP8383

Last Listing description (June 2023)

PROPERTY ID: 257342 (quote when calling)

A very well presented and newly renovated 1 bed, 1 bath and 1 car space, apartment with separate kitchen and living room. The property has an exclusive lease (more than 90 years remaining) to use the adjacent garden courtyard which has a separate exit gate. to the street, providing the apartment with an effective rear exit/entrance. This outdoor area, with well established garden framing its boundary, presents as a wonderful large space for entertaining, working from home or simply relaxing.

The bathroom has been newly renovated with floor to ceiling wall tiles, new shower screen and other bathroom fittings, including plumbing for a washing machine. Two boilers one each for the kitchen and bathroom provide abundant hot water capacity. Brand new carpets, a reverse cycle heating and cooling and roller blinds to the windows complete the package. The property must be viewed to be fully appreciated. The property is also being advertised for rent. Private inspections can be arranged at mutually convenient times. There is a listing online on the On the House site that shows the property as having been sold in February 2023. That is incorrect and a message has been sent to Corelogic to correct their ad. This property was last sold in 2020 to the current vendor for $438,000. About $50,000 of renovations have just been completed to the property by a registered builder. In February 2023, Unit 4, on the first floor, which has a different floor plan and no garden courtyard was sold for $390,000.

Property History for 2/11 Kooyong Rd, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$460,000
04 Jul 2024
Listed for Rent
$455/w
03 Jun 2023
  • 04 Jul 2024
    Sold for $460,000
  • 04 Jul 2024
    Sold
  • 25 May 2023
    Listed for Rent $455 / week
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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 6,898 properties. Over the last 5 years, Houses in Armadale have seen a 32.31% increase in median value, while Units have seen a 6.75% increase. As at 31 July 2024:

  • The median value for Houses in Armadale is $2,611,290 while the median value for Units is $688,656.
  • Houses have a median rent of $850 while Units have a median rent of $560.
There are currently 16 properties listed for sale, and 7 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 311 properties were sold in the past 12 months in Armadale.

Suburb Insights for Armadale 3143

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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.