Armadale is Perth's most affordable rail-connected suburb, 30 km south-east of the CBD. A $600M Metronet extension and major redevelopment works are positioning it as one of Perth's highest capital growth opportunities over the next five years. At the current $490k median house price, an 80% loan at 6.25% over 30 years is about $2,414 per month.
| Median house price | $490,000 |
|---|---|
| Median unit price | $340,000 |
| Estimated monthly repayment | $2,414 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 9.1% |
| Gross rental yield | 5.9% |
| Typical days on market | 16 |
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