Armadale is a well-established suburb in Western Australia within the Armadale local government area (postcode 6112). With a population of 13,415, the suburb has an established demographic with a median age of 39. Households earn a median income of $53K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Armadale is $500,000, having surged 42.9% over the past year. Units have a median price of $360,000 (+27.4% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,300.
Armadale is served by 12 schools, including 6 primary, 3 secondary, 1 combined, 2 special. The average ICSEA score is 956, which is around the national average of 1,000. Public transport access includes 1 rail station, 100 bus stops.
From an investment perspective, Armadale offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($500K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +42.9% year-on-year.
Armadale is a well-established suburb in Western Australia within the Armadale local government area (postcode 6112). With a population of 13,415, the suburb has an established demographic with a median age of 39. Households earn a median income of $53K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Armadale is $500,000, having surged 42.9% over the past year. Units have a median price of $360,000 (+27.4% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,300.
Armadale is served by 12 schools, including 6 primary, 3 secondary, 1 combined, 2 special. The average ICSEA score is 956, which is around the national average of 1,000. Public transport access includes 1 rail station, 100 bus stops.
From an investment perspective, Armadale offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($500K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +42.9% year-on-year.