Antony Bucello
National Property Buyers (VIC)
Melbourne, VIC+9
Melbourne · Inner South
A suburb in the City of Stonnington, with Armadale station on the Frankston line. Most homes are flats or apartments.
Last reviewed 25 October 2026
Market snapshot
Official figures
Read 6 October 2026
Median house price by year1
At the 2021 Census
Sources
Armadale 3143 · Inner South. Medians describe sales, not the value of any one home.
Before you buy
The Armadale Train and Tram Zone Activity Centre has its own Built Form Overlay schedule in the Stonnington Planning Scheme, BFO11, from amendment GC285, approved and gazetted on 22 July 2026. The amendment introduced new built form and height controls for the core of each activity centre in its stage, and applied the Housing Choice and Transport Zone to each centre's catchment. Parts of Armadale are in BFO11, in the Toorak and Malvern centres' schedules, BFO10 and BFO12, and in the Housing Choice and Transport Zone. Check the controls at the address before you buy.
Stonnington's Heritage Overlay schedule lists precincts named for Armadale, among them the Armadale Precinct, the High Street Rail and Retail Precinct and the Auburn Grove, Cambridge Street, Hampden Road and Union Street precincts, and parts of Armadale are in them. The schedule marks the Malvern Tram Depot on Coldblo Road, Armadale Primary School at 9-23 Densham Road and Armadale House at 117 Kooyong Road as on the Victorian Heritage Register.
Amendment C320ston, gazetted on 11 June 2026 and approved with changes, implemented the findings of the Armadale Heritage Review and the Toorak and Kooyong Heritage Review, adding places and precincts to the Heritage Overlay and deleting properties from it. The record does not split these changes by suburb, so check the address against the overlay before you plan works.
Parts of Armadale are in the Special Building Overlay, and the Stonnington schedules for it name Melbourne Water and Stonnington City Council drainage systems. Parts are also in Neighbourhood Character Overlays NCO2 and NCO8.
The operator lists Armadale station on the Frankston line. By our map check of its timetable data, trams on routes 5, 6, 16, 64 and 72 stop in parts of the suburb, including at the Armadale Station/High St stop.
The Department of Education lists Armadale Primary School at 9-23 Densham Road, Armadale. In Victoria, a child who lives in a government school's zone must be offered a place there, and Find my School is the official source of zones. Check the zone for the address if you are counting on a place.
Homes Victoria's Rental Report for the September quarter 2025 gives a moving annual median weekly rent of $650 for a two-bedroom flat and $1,100 for a three-bedroom house, for new lettings in its Armadale group in the year to September 2025. Homes Victoria counted 635 new lettings in the group that year. Homes Victoria does not say which streets the group covers.
At the 2021 Census, 57.5% of Armadale homes were flats or apartments, 25.4% were separate houses and 16.8% were semi-detached, row or terrace houses or townhouses.
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Why a buyers agent
In Armadale, new built form controls cover parts of the suburb around its activity centres, parts are in heritage precincts, and most homes are flats or apartments. A buyers agent checks the planning scheme for each home on your shortlist, prices it against the sales closest to it, and negotiates or bids at auction for you.
Parts of Armadale are in the Built Form Overlay and the Housing Choice and Transport Zone, applied on 22 July 2026. An agent checks the controls at each address.
Parts of Armadale are in Heritage Overlay precincts, and an amendment gazetted on 11 June 2026 changed the overlay. An agent checks the address before you bid.
At the 2021 Census, more than half of Armadale homes were flats or apartments. An agent compares buildings, owners corporation fees and outlook against your budget.
The State Revenue Office Victoria charges no duty on a first home with a dutiable value up to $600,000, and a reduced amount from $600,001 to $750,000. An agent with your conveyancer checks whether the home you choose qualifies before you sign.
Compare
| Metric | This suburbArmadale | NearbyMalvern | NearbyPrahran | NearbySouth Yarra |
|---|---|---|---|---|
| Median house | $2,351,000 | $2,755,000 | $1,680,000 | $1,980,000 |
| Median unit | $690,500 | $673,000 | $485,000 | $585,000 |
| Year-on-year growth | -3.4% | -16.5% | +1.4% | -14.8% |
| 5-year growth | -10.4% | -3.8% | +2.2% | -3.8% |
| Rental yield | Not available | Not available | Not available | Not available |
| Postcode | 3143 | 3144 | 3181 | 3141 |
Official medians for 2025 from the state Valuer-General, and our calculations from them. Sources are on each suburb page.
The place
Armadale had 9,368 residents at the 2021 Census, with a median age of 38. ABS boundary files place it in the City of Stonnington.
At the 2021 Census, 29.5% of Armadale homes were owned outright and 23.1% with a mortgage. The median weekly rent at that Census was $421 and the median monthly mortgage repayment was $2,458.
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Official figures are cited in the figures block above. Editorial review: 25 October 2026.
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