Armadale
The median rent for a 2-bedroom unit in Armadale is $650 a week for leases that started in the year to September 2025, up 7.8% on a year earlier. That is 18% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $2,502,500 for a house and $711,500 for a unit. A year of rent for that home is about 4.8% of its median sale price (gross rental yield).
Median rent in Armadale
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $450 | -2.2% | 188 |
| 2-bedroom unit | $650 | +7.8% | 282 |
| 3-bedroom unit | $1,000 | +8.1% | 55 |
| 2-bedroom house | $830 | +16.4% | 31 |
| 3-bedroom house | $1,100 | -4.3% | 51 |
| 4-bedroom house | $1,738* | +28.7% | 14 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $2,502,500 | Mar 2026 quarter |
| Unit | $711,500 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Beaumaris $650 a week
- Hampton $650 a week
- Prahran $650 a week
- Toorak $650 a week
- Windsor $650 a week
- Albert Park $643 a week