OFF MARKET

301/523 Dandenong Road
Armadale VIC 3143

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
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Property Details for 301/523 Dandenong Rd, Armadale

301/523 Dandenong Rd, Armadale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2018
Floor Size
50m2
Local Government
Stonnington
Lot/Plan
23/PS742613

Last Listing description (July 2023)

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301/523 Dandenong Road is located in the heart of Armadale, a bustling and fashionable suburb in Melbourne, Victoria. This location is highly sought-after due to its proximity to the city, as well as its accessibility to a range of amenities.

This one-bedroom apartment is perfectly located at the heart of Armadale, providing easy access to all the area has to offer, including transportation and major highways. Boasting a well-equipped kitchen complete with gas cooking, dishwasher, and ample cupboard space, this apartment seamlessly opens to a spacious lounge/dining area and covered balcony. The bedroom features comfortable carpeting, a built-in wardrobe, and a split system for heating and cooling. The apartment includes a storage cage and a car space with a stacker and secure entry for added convenience.

The apartment is also just a short walk from the vibrant High Street shopping precinct, known for its trendy cafes, stylish shops, and luxury boutiques. It's the perfect place to shop, dine, and soak up the local culture. The apartment is also conveniently located near Malvern Central and Cabrini Hospital, making it an ideal location for healthcare professionals or those in need of medical care.

Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 301/523 Dandenong Rd, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$395,000
03 May 2023
Listed for Rent
$360/w
10 Jan 2022
  • 13 Jun 2023
    Listed for Sale $370,000-$390,000 - Closing Date 6th of May
  • 03 May 2023
    Sold for $395,000
  • 31 Mar 2023
    Listed for Sale $370,000-$390,000 - Closing Date 6th of May
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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.

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