SOLD
Sold on 12 Sep 2024 for $443,000

8/22 Derby Street
Armadale VIC 3143

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 585m2
Sold By
Jellis Craig Stonnington
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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.

Building Type
Unit
Year Built
1969
Land Size
585m2
Local Government
Stonnington
Lot/Plan
8/SP34481

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

A timeline of how this property has performed in the market
Last Sold
$443,000
12 Sep 2024
Listed for Rent
$230/w
02 May 2007
  • 12 Sep 2024
    Sold for $443,000
  • 03 Sep 2024
    Listed for Sale Expressions of Interest $420,000 - $450,000
  • 19 Nov 2014
    Sold for $385,000
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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 6,872 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.