OFF MARKET

824 High Street
Armadale VIC 3143

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 250m2
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Property Details for 824 High St, Armadale

Building Type
Commercial
Land Size
250m2
Local Government
Stonnington
Lot/Plan
2/LP38514

Last Listing description (August 2023)

Teska Carson is proud to present 824 High Street, Armadale for sale by Public Auction on Thursday 14 September 2023 at 2pm on-site.

A highly sought-after medical opportunity for the astute owner-occupier or investor, located in one Melbourne's most exclusive suburbs.

Key features:

- Land Area: 250sqm*
- Build Area: 110sqm*
- Permitted for medical use
- Offered with Vacant Possession
- Ability to add additional medical room (STCA)
- Rear access with on-site parking

*approx.

For more information or to arrange an inspection please don't hesitate to contact the listing agents.

Property History for 824 High St, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$1,600,000
28 Aug 2023
  • 28 Aug 2023
    Sold for $1,600,000
  • 18 Aug 2023
    Listed for Sale Contact Agent
  • 16 Dec 2020
    Sold for $1,420,000
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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 6,898 properties. Over the last 5 years, Houses in Armadale have seen a 32.31% increase in median value, while Units have seen a 6.75% increase. As at 31 July 2024:

  • The median value for Houses in Armadale is $2,611,290 while the median value for Units is $688,656.
  • Houses have a median rent of $850 while Units have a median rent of $560.
There are currently 16 properties listed for sale, and 7 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 311 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.