City of Armadale, WA

The City of Armadale is an LGA in metropolitan Perth, Western Australia. It was named after Thomas James Armadale, who was an eminent British surgeon and medical author.

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The City of Armadale WA Property Market is driven by the demographics, the economy, and the location.

The demographics of Armadale have a lot to do with how its property market will be affected. The population of Armadale has increased by more than 76% in the last decade. This high percentage tells us that there are new families moving into the area. With this demographic increase, there is also an increase in jobs available for people living there which means that property prices are on the rise as demand is increasing. There is also an increasing number of retirees moving into Armadale which again impacts property prices as retirees often buy houses for retirement homes or to downsize their current homes.

Foreign investment in the Armadale property market has increased over the last decade. Foreign investors are not only buying residential property but are also developing new housing estates and shopping centres. Australia is one of the most attractive markets for foreign investors due to its diverse economy, stable democracy and multicultural society. This is why many rich buyers from overseas see opportunities in Australia’s real estate market.

The rental housing market in the City of Armadale is facing tough competition. There are now more renters than ever before. More renters mean that there are more people vying for apartments, with many renters competing for the same property.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in City of Armadale, WA

What other property markets are there near the City of Armadale, WA?

City of Armadale is surrounded by 6 other council areas – York, Cockburn, Gosnells, Serpentine-Jarrahdale, Kalamunda, Kwinana.

How many people live in the City of Armadale, WA?

There are approximately 14000 people living in roughly 6500 dwellings with an average 2.3 people per household.

What are current and planned infrastructure projects in the City of Armadale, WA?

There are Community Infrastructure projects, City Road works, Traffic Management Plans. You can find more information on the Western Australia Government website.

What major retailers are there in the City of Armadale, WA?

There are main retailers such as Kmart, Armadale Shopping City.

What is the main industry in the City of Armadale, WA?

More City of Armadale residents work in health care and social assistance than any other industry.

What are the dominant demographic groups in the City of Armadale, WA?

Among approximately 13,600 people in Armadale (WA) (State Suburbs). Males and females make up roughly 49% and 51% respectively. The median age of people in Armadale (WA) (State Suburbs) is 37 years. Children aged 0 – 14 years make up roughly 20% of the population and people aged 65 years and over make up nearly18% of the population.

How is unemployment rate trading in the City of Armadale, WA?

The unemployment rate in the City of Armadale was approximately 10% in the 2021 June quarter.

Suburbs/localities in this Local Government Area: Ashendon 6111, Bedfordale 6112, Roleystone 6111, Karragullen 6111, Lesley 6111, Forrestdale 6112, Hilbert 6112, Wungong 6112, Champion Lakes 6111, Kelmscott 6111, Haynes 6112, Piara Waters 6112, Harrisdale 6112, Armadale 6112, Mount Richon 6112, Seville Grove 6112, Camillo 6111, Brookdale 6112, Mount Nasura 6112

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