Armadale is Toorak's southern neighbour and Melbourne's premier antique and high-fashion shopping destination — a suburb of magnificent heritage homes where High Street's extraordinary strip of antique dealers, upmarket interior design galleries, and Melbourne's finest fashion boutiques creates an unparalleled retail ecosystem. Armadale's exceptional private school proximity, grand Federation and Victorian estate homes, and Cabrini Hospital access make it the suburb of choice for Melbourne's established professional families. At the current $2.2m median house price, an 80% loan at 6.25% over 30 years is about $10,837 per month.
| Median house price | $2,200,000 |
|---|---|
| Median unit price | $850,000 |
| Estimated monthly repayment | $10,837 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.5% |
| Gross rental yield | 2.8% |
| Typical days on market | 25 |
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