OFF MARKET

5/531 Orrong Road
Armadale VIC 3143

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
Land area: 782m2
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Property Details for 5/531 Orrong Rd, Armadale

5/531 Orrong Rd, Armadale is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 782m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
1930
Floor Size
80m2
Land Size
782m2
Local Government
Stonnington
Lot/Plan
5/RP18119

Last Listing description (November 2023)

Beautifully Art Deco apartment located at the rear of this refurbished block. This property features entrance hall with polished floorboards & cupboard, large living area with polished floorboards, ornamental open fireplace, heater & double doors leading to huge private paved courtyard, dining alcove leading to fully renovated kitchen comprising stainless steel gas cooking, dishwasher, glass splash-backs and stone bench tops. Two good sized bedrooms both with built in robes, central tiled bathroom with shower over bath & WC. This property also boasts single garage with the ability to park in front of the garage.

Property History for 5/531 Orrong Rd, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$325,000
08 Apr 2015
Listed for Rent
$480/w
12 Aug 2021
  • 30 Oct 2023
    Listed for Rent $550 / week
  • 19 Mar 2021
    Listed for Rent $480 / week
  • 14 Jan 2019
    Listed for Rent $530 / 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 6,871 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 6 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.