7 New StreetArmadale VIC 3143
Property Details for 7 New St, Armadale
7 New St, Armadale is a 1 bedroom, 1 bathroom House. The property has a land size of 134m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom House sold in Armadale in the last 12 months.
Last Listing description (July 2024)
Feel inspired, get motivated and enact your plans! Brilliantly situated near Victory Square Reserve and Toorak Park, this one bedroom Victorian weatherboard residence set on 134sqm (approx.) with a private north-facing rear garden offers a rare opportunity to buy at land value.
The chance to renovate the existing property is enticing and certain to deliver rewards for either the owner-occupier or experienced house flipper in a location that will always be in demand. The options are endless!
Call the architect, engage a builder and live in Armadales parkland precinct close to Orrong Romanis Reserve, Orrong Park Tennis Centre, High Streets trams, cafes and retail stores, Beatty Avenue Village, Toorak train station, Orrong Road buses, Victory Square playground and schools.
Property History for 7 New St, Armadale, VIC 3143
- 21 May 2024Sold for $950,000
- 01 May 2024Listed for Sale $950,000
- 28 Aug 2010Sold for $675,000
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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 6,890 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.
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