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$4.4K
VIC ยท Inner East · Postcode 3143

Stop paying
Armadale’s wrong
manager.

Armadale landlords lose an average of $4,400+ a year without realising it. Not bad luck. Not a bad market. The wrong property manager.

Benchmarks last verified 26 Aug 2026 · refreshed monthly
Median rent, unit
$625/wk
REIV Market Insights, current quarter (accessed Aug 2026)
Vacancy rate
Not published
No free public suburb-level figure found
Median price, unit
$712,500
REIV Market Insights, current quarter (accessed Aug 2026)
Gross yield, unit
4.6%
AgentSelector calc.

What your current setup could be costing you

Self-managing isn't the only way to lose money on a rental. An agency that isn't reviewing your rent, marketing a vacancy properly or chasing arrears can cost just as much. This estimates the gap between your property's current performance and what Armadale's market conditions actually support.

Armadale median (house/unit blend): $1075/wk
2 weeks
4% below what the current market would support
Estimated annual cost
$0

Illustrative estimate from the figures you enter above, not a guarantee. Assumes 52 weeks/year.

Armadale market benchmarks

MeasureArmadaleSource
Median rent, unit$625/wkREIV Market Insights, current quarter (accessed Aug 2026)
Median rent, house$1075/wkREIV Market Insights, current quarter (accessed Aug 2026)
Median sale price, unit$712,500REIV Market Insights, current quarter (accessed Aug 2026)
Median sale price, house$2mREIV Market Insights, current quarter (accessed Aug 2026)
Gross rental yield, unit4.6%AgentSelector calculation(rent × 52) ÷ price, from the rows above
Days on market, stock on market and vacancy rate (where not shown above) aren't publicly published at suburb level for Armadale through a free source. They'll be added, cited to HTAG Analytics, once that access is confirmed.

Suburb outlook

We haven't published a full Landlord Index score for Armadale yet. A reliable score needs a suburb-level vacancy rate, and Armadale's isn't available through a free public source right now (SQM Research's suburb-level chart requires a paid data view) — so rather than estimate one, here's what the public rent and price data does tell us.

MeasureFigureSource
Median rent, unit$625/wkREIV Market Insights, current quarter (accessed Aug 2026)
Median rent, house$1075/wkREIV Market Insights, current quarter (accessed Aug 2026)
Median price, unit$712,500REIV Market Insights, current quarter (accessed Aug 2026)
Gross rental yield, unit4.6%AgentSelector calc.(rent × 52) ÷ price

This suburb gets a full Landlord Index score (like Richmond and Sandringham) once a public vacancy-rate figure is confirmed for it, or once HTAG Analytics access is live — whichever comes first.

What's happening in the Armadale market

A suburb-level vacancy rate for Armadale isn't available from a free public source right now. Median unit rent currently sits at $625/wk, with houses at $1075/wk (REIV Market Insights, current quarter (accessed Aug 2026)), against a median unit sale price of $712,500, putting the gross rental yield at 4.6%.

Without a confirmed vacancy figure, the safest read is the yield: a rental returning close to or above the Melbourne unit benchmark suggests healthy underlying demand, but getting the basics wrong (slow listing, above-market asking rent) still costs more the tighter the true market is. Armadale's rental stock mixes Victorian/Edwardian houses with low-rise apartment blocks along High Street near Armadale station on the Frankston/Sandringham line, with houses renting well above units.

Armadale vs. nearby suburbs

SuburbMedian rent (unit)Median price (unit)
Armadale$625/wk
Malvern$585/wk
Toorak$625/wk
Prahran$595/wk
Sources: as cited above, accessed Aug 2026.

Frequently asked

What's the average property management fee in Armadale?

Property management fees in Melbourne suburbs like Armadale typically sit in a defined range of the weekly rent, plus a separate letting fee charged when a new tenant is placed. Exact fees vary by agency and by the level of service included.

What's the current vacancy rate in Armadale?

A suburb-level vacancy rate for Armadale isn't currently published through a free public source. We'll add it as soon as one becomes available, or once our HTAG Analytics integration is confirmed.

What's the median rent for a unit in Armadale?

$625 per week, according to REIV Market Insights, current quarter (accessed Aug 2026). Source: REIV Market Insights

Methodology & sources

Rent
REIV Market Insights, current quarter (accessed Aug 2026).
Sale price
REIV Market Insights, current quarter (accessed Aug 2026), used only as an input to the yield calculation below, not as investment advice.
Vacancy
Not currently available for Armadale through a free public source; SQM Research's suburb-level chart requires a paid data view for this suburb.
Yield
AgentSelector's own calculation: (median weekly rent × 52) ÷ median sale price, using the public figures above. This is a straightforward derived calculation, not a licensed or proprietary data feed.
Coming with HTAG
Days on market, stock on market, market-cycle phase and a decomposed risk score all depend on HTAG Analytics data. Once confirmed, they'll improve the Armadale outlook above, attributed to HTAG per their terms at that point.
Refresh cycle
Median rent, sale price and commentary refresh quarterly. This page's "last verified" date reflects the most recent check.
Review
Analysis reviewed by Ben Sherman on the date shown above. See our About page for how AgentSelector's matching works.
BS

Ben Sherman

Research & Content, AgentSelector

Ben tracks rental market data across AgentSelector's covered suburbs and reviews the site's landlord-facing analysis before it's published. Read the full methodology or about AgentSelector.

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