Armadale

Armadale, an inner suburb of Melbourne, Victoria, is located about 7 km southeast of Melbourne’s Central Business District within the City of Stonnington. As of the 2021 census, Armadale had a population of 9,368, making it a relatively small but densely populated area.

Demographic Profile

• Population: 9,368 as of 2021.
• Predominant Age Group: The area is popular among the 20-39 age group.
• Median Household Income: In 2016, the median household income was $1,984 per week.
• Occupancy: A mix of 54% owners and 46% renters, with a slight majority of households being singles.

Real Estate and Growth

• Median House Prices: For houses, the median sale price is around $2,463,000, while for units, it is approximately $716,000.
• Rental Market: The median rent for houses is about $900 per week, and for units, it’s around $520 per week.
• Market Trends: Armadale has experienced an average annual growth of +6.35% for houses and +0.63% for units.

Education and Lifestyle

• Schools: Key educational institutions include Armadale Primary School, Lauriston Girls’ School, and The King David School.
• Local Vibe: Known for its premier blue chip status, Armadale boasts High Street, a hub for high-end antique and fashion stores, and Glenferrie Road, known for shopping and restaurants.
• Community Insights: Residents appreciate the suburb for its leafy streets, safety, and quiet environment. It’s noted for its trendy shops, eateries, and proximity to the city, making it appealing to professionals, singles, and families.

Transportation

• Public Transport: Armadale is well-served by public transport, including two train stations (Armadale and Toorak) and three tram lines.

Notable Features

• Proximity to Private Schools: Armadale is close to several of Melbourne’s leading private schools.
• Recreational Areas: The suburb has several parks, including Toorak Park and Armadale Reserve.

In summary, Armadale is a prestigious and affluent area, favored for its convenient location, excellent public transport links, and access to a variety of high-end amenities. It’s particularly suitable for professionals, singles, and families looking for an upscale lifestyle close to the city.