SOLD
Sold on 17 Jul 2024 for $410,000

4/7 Elgin Avenue
Armadale VIC 3143

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 738m2
Sold By
Jellis Craig Stonnington
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Property Details for 4/7 Elgin Ave, Armadale

4/7 Elgin Ave, Armadale is a 1 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 738m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom House sold in Armadale in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
53m2
Land Size
738m2
Local Government
Stonnington
Lot/Plan
4/RP1465

Last Listing description (August 2024)

Expressions of Interest

Enjoying the benefits of a cul-de-sac setting, immediate access to High Street, and walking proximity to abundant cafes, the tram and Toorak Station, this immaculate ground floor apartment boasts a prime location that offers peacefulness and convenience. Featuring a well-proportioned layout with modern finishes, this quiet gem's central living and dining area unfolds across timber inspired floors and is served by a separate kitchen where stainless steel appliances, generous storage and a contemporary fit out blend functionality and style. A twin set built in robes ensures complete comfort and a clutter free environment in the double bedroom, complemented by an updated bathroom boasting a spotless presentation. Further to the exclusivity offered in this secure boutique block of only eight apartments is the comfort of reverse cycle heating/cooling, the convenience of a Euro laundry, an allocated undercover parking space for one vehicle, and a vibrant lifestyle with High Street's boutique retail options, easy access to transport services, and parks with a short stroll.

Property History for 4/7 Elgin Ave, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$410,000
17 Jul 2024
Listed for Rent
$325/w
18 Jun 2021
  • 17 Jul 2024
    Sold for $410,000
  • 27 Jun 2024
    Listed for Sale Contact Agent
  • 11 Mar 2021
    Listed for Rent $325 / 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 6,900 properties. Over the last 5 years, Houses in Armadale have seen a 28.68% increase in median value, while Units have seen a 0.92% increase. As at 31 August 2024:

  • The median value for Houses in Armadale is $2,542,114 while the median value for Units is $675,650.
  • Houses have a median rent of $850 while Units have a median rent of $575.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 307 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.