8/22 Derby StreetArmadale VIC 3143
Property Details for 8/22 Derby St, Armadale
8/22 Derby St, Armadale is a 3 bedroom, 1 bathroom Unit and was built in 1969. The property has a land size of 585m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Armadale in the last 12 months.
Last Listing description (September 2024)
Expressions of Interest
Enviable living in a prime location captures the essence of this fully renovated one-bedroom apartment, ideally suited for those ready to move in immediately. Tucked at the end of an exclusive cul-de-sac, it's just a short stroll to the restaurants and shops on Beatty Avenue, with Toorak Station and tram stops on High Street and Malvern Road only moments away. Updated throughout, it reveals light-filled, generously proportioned spaces highlighting boutique style, offering both lifestyle enjoyment and excellent investment potential. Classic parquetry floors connect the open-plan living and dining area with a modern kitchen featuring a dishwasher and sleek stainless steel appliances, whilst a covered balcony presents leafy outlooks, enhancing the peaceful ambience. The bright double bedroom, with built-in robes, is complemented by a fully-tiled and spacious bathroom with laundry facilities. With security intercom and heating, it's an ideal entry into a coveted location, perfect for investors or those ready to inhabit a tightly-held neighbourhood within an affordable and secure package.
Property History for 8/22 Derby St, Armadale, VIC 3143
- 12 Sep 2024Sold for $443,000
- 03 Sep 2024Listed for Sale Expressions of Interest $420,000 - $450,000
- 19 Nov 2014Sold for $385,000
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0About 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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