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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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ABS ERP | -- people | --
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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
An assessment of population growth drivers in Armadale reveals an overall ranking slightly below national averages considering recent, and medium term trends
Armadale's population is approximately 10,115 as of November 2025. Between the 2021 Census and this date, Armadale experienced an increase of 779 people, representing an 8.3% rise from its previous population of 9,336. This change is inferred from the estimated resident population of 9,997 in June 2024 and the addition of 137 validated new addresses since the Census date. The population density ratio stands at 4,639 persons per square kilometer, placing Armadale within the top 10% of national locations assessed by AreaSearch, indicating high demand for land in the area. Armadale's growth rate of 8.3% since the census is close to the national average of 9.7%, demonstrating competitive growth fundamentals. Overseas migration contributed approximately 92.3% of overall population gains during recent periods.
AreaSearch uses ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area, and VIC State Government's Regional/LGA projections from 2023 with adjustments made using weighted aggregation methods for areas not covered by the first data set. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these projections, Armadale is expected to increase by 229 persons to 2041, reflecting an overall increase of 1.1% over the 17-year period.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Armadale according to AreaSearch's national comparison of local real estate markets
Armadale has averaged approximately 57 new dwelling approvals per year. Between the financial years FY21 and FY25, a total of 285 homes were approved, with an additional 2 approved so far in FY26. The population has been declining recently, suggesting that new supply has likely kept pace with demand, offering good choice to buyers.
The average expected construction cost value for new homes is $874,000, indicating a focus on the premium market with high-end developments. In this financial year, $44.3 million in commercial development approvals have been recorded, suggesting robust local business investment. Compared to Greater Melbourne, Armadale shows approximately half the construction activity per person while ranking among the 65th percentile of areas assessed nationally. Recent construction comprises 6.0% detached houses and 94.0% townhouses or apartments, marking a significant shift from existing housing patterns (currently 26.0% houses). This focus on higher-density living creates more affordable entry points and suits downsizers, investors, and first-home buyers.
With around 297 people per dwelling approval, Armadale shows a developing market. According to the latest AreaSearch quarterly estimate, Armadale is expected to grow by 111 residents through to 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Armadale has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 17 projects likely impacting the area. Notable projects include Amara Armadale, Heirloom Armadale, Mercer Armadale, and 872-874 High Street Armadale. The following list details those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.
Frequently Asked Questions - Infrastructure
Stonnington Road Safety Improvement Program
Comprehensive road safety improvement program across Stonnington municipality including traffic calming measures, improved pedestrian crossings, cycling infrastructure upgrades, and intersection improvements.
Amara Armadale
Boutique residential building of around 10 residences designed by Bruce Henderson Architects on High Street, featuring premium finishes and large terraces. Sales underway with display suite nearby on High Street.
Heirloom Armadale
A boutique multi-residential development in Armadale, featuring 38 oversized two, three, and four-bedroom apartments and penthouses. Designed by Woods Bagot with landscaping by Jack Merlo, the project draws on the area's Edwardian and Victorian architectural heritage. Construction has commenced, with completion anticipated in mid-2027. It includes retail spaces, a concierge service, and secure basement parking.
Armadale Manor
Boutique residential development featuring luxury apartments with heritage-inspired design elements and modern amenities in a premium Armadale location.
Alara Armadale
A boutique collection of 20 luxurious two and three-bedroom residences, including a penthouse, designed by Bruce Henderson Architects and Carr Interiors. Features include intelligent floorplans, luxury finishes, natural stone, handsome joinery, smoked oak timber floors, generous bathrooms, and views towards the CBD, located in Armadale's premier High Street shopping precinct.
Mercer Armadale
An exclusive collection of 8 luxurious three and four-bedroom townhomes, designed by Conrad Architects, with high-end amenities, private lifts, rooftop gardens, and a focus on natural stone and quality finishes in the culturally rich suburb of Armadale.
872-874 High Street Armadale
Permit-approved infill apartment project on High Street with an Ewert Leaf-designed, four-level residential building comprising 14 dwellings over basement parking. The site was sold in 2021 with the permit in place; as of 2025 there is no verified commencement of construction on the existing clinic buildings fronting High Street.
Abode Malvern
Low-density luxury apartment building of predominantly 3-bedroom residences at 1269 High Street. Designed by DKO with landscaping by Jack Merlo. Construction complete with move-in ready apartments now available.
Employment
Employment conditions in Armadale demonstrate exceptional strength compared to most Australian markets
Armadale boasts a highly educated workforce with significant representation in professional services. The unemployment rate was 3.0% as of the past year, with an estimated employment growth of 4.4%. As of September 2025, 6,332 residents were employed, with an unemployment rate of 1.7% lower than Greater Melbourne's 4.7%.
Workforce participation was standard at 73.5%, compared to Greater Melbourne's 71.0%. Census responses indicated that 49.9% of residents worked from home, potentially influenced by Covid-19 lockdowns. Dominant employment sectors include professional & technical, health care & social assistance, and retail trade. Armadale specializes in professional & technical jobs, with an employment share 1.8 times the regional level, while construction shows lower representation at 5.3% versus the regional average of 9.7%.
The ratio of 0.7 workers per resident suggests above-average local employment opportunities. Over a 12-month period ending in May 2025, employment increased by 4.4%, and labour force grew by 4.7%, leading to a 0.3 percentage point rise in unemployment rate. In contrast, Greater Melbourne experienced employment growth of 3.0% and labour force growth of 3.3%, with a similar unemployment rate increase. National employment forecasts from Jobs and Skills Australia project national employment growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Armadale's employment mix suggests local employment should increase by 7.4% over five years and 14.9% over ten years, though these are simple extrapolations for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
AreaSearch's latest postcode level ATO data for financial year 2023 shows that income in Armadale SA2 is exceptionally high nationally. The median income is $79,157 and the average income stands at $134,449. This contrasts with Greater Melbourne's figures of a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $85,687 (median) and $145,541 (average) as of September 2025. According to 2021 Census figures, individual earnings stand out at the 96th percentile nationally ($1,361 weekly). Income brackets indicate that the predominant cohort spans 28.8% of locals (2,913 people) in the $1,500 - 2,999 category. A significant 37.7% earn above $3,000 weekly. Housing accounts for 14.8% of income while strong earnings rank residents within the 79th percentile for disposable income. The area's SEIFA income ranking places it in the 10th decile.
Frequently Asked Questions - Income
Housing
Armadale features a more urban dwelling mix with significant apartment living, with above-average rates of outright home ownership
Armadale's dwelling structure, as per the latest Census, consisted of 25.5% houses and 74.4% other dwellings (semi-detached, apartments, 'other' dwellings). In contrast, Melbourne metro had 67.9% houses and 32.1% other dwellings. Home ownership in Armadale stood at 30.8%, similar to Melbourne metro's level. The remaining dwellings were either mortgaged (23.7%) or rented (45.5%). The median monthly mortgage repayment in the area was $2,479, higher than Melbourne metro's average of $2,000. The median weekly rent figure in Armadale was $421, compared to Melbourne metro's $390. Nationally, Armadale's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Armadale features high concentrations of lone person households and group households, with a lower-than-average median household size
Family households constitute 54.4% of all households, including 18.7% couples with children, 27.5% couples without children, and 7.0% single parent families. Non-family households comprise the remaining 45.6%, with lone person households at 39.6% and group households making up 5.9%. The median household size is 2.0 people, which is smaller than the Greater Melbourne average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
Educational achievement in Armadale places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community
Armadale's educational attainment is notably higher than national and state averages. Among residents aged 15 and above, 61.1% have university qualifications, compared to 30.4% in Australia and 33.4% in Victoria. This high level of educational attainment positions Armadale favourably for knowledge-based opportunities. Bachelor degrees are the most common at 39.1%, followed by postgraduate qualifications (16.9%) and graduate diplomas (5.1%).
Vocational pathways account for 17.1% of qualifications, with advanced diplomas making up 10.0% and certificates 7.1%. Educational participation is high in Armadale, with 25.7% of residents currently enrolled in formal education. This includes 9.1% in tertiary education, 6.2% in primary education, and 5.4% pursuing secondary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Armadale has 70 active public transport stops offering a mix of lightrail and bus services. These are served by 9 different routes that collectively facilitate 9,628 weekly passenger trips. Transport accessibility is rated excellent with residents typically located 136 meters from the nearest stop. As a predominantly residential area, most commuters travel outward. Cars remain the primary mode of transport at 68%, followed by train at 15% and walking at 7%. The average vehicle ownership per dwelling is 0.8, below the regional average.
According to the 2021 Census, 49.9% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 1,375 trips per day across all routes, equating to approximately 137 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Armadale's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
AreaSearch's assessment shows exceptional health outcomes for Armadale based on low mortality rates and chronic condition prevalence across all age groups. The prevalence of common health conditions is very low. Private health cover stands at approximately 82% of the total population (8,243 people), significantly higher than Greater Melbourne's 56.7%, and the national average of 55.7%.
Mental health issues and asthma are the most prevalent medical conditions, affecting 7.7% and 7.3% of residents respectively. Notably, 73.3% of residents report being completely free from medical ailments, compared to 72.6% in Greater Melbourne. Working-age residents have low chronic condition prevalence. The area has a higher proportion of seniors aged 65 and over at 20.7% (2,097 people) compared to Greater Melbourne's 14.9%. Health outcomes among seniors are strong, aligning with national rankings for the general population.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Armadale was found to be above average when compared nationally for a number of language and cultural background related metrics
Armadale's population, found to be more culturally diverse than most local markets, had 19.7% speaking a language other than English at home and 30.0% born overseas. Christianity was the predominant religion in Armadale, with 41.4%. Notably, Judaism comprised 7.2%, significantly higher than Greater Melbourne's average of 1.0%.
In terms of ancestry, the top groups were English (25.0%), Australian (19.2%), and Other (10.3%). Some ethnic groups showed notable differences: Polish at 2.4% (regional average 0.8%), Russian at 0.9% (0.4%), and Hungarian at 0.5% (0.3%).
Frequently Asked Questions - Diversity
Age
Armadale's population is slightly younger than the national pattern
The median age in Armadale is 38 years, closely matching Greater Melbourne's average of 37 years and equivalent to Australia's median age of 38 years. Compared to Greater Melbourne, Armadale has a higher proportion of residents aged 25-34 (20.7%) but fewer residents aged 5-14 (7.4%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. Between the 2021 Census and present, the proportion of Armadale's population aged 75-84 has increased from 7.2% to 8.8%, while the proportion of those aged 15-24 has risen from 10.6% to 11.9%. Conversely, the proportion of residents aged 45-54 has decreased from 12.6% to 11.4%. By the year 2041, Armadale's age composition is projected to change significantly. The population aged 85 and above is expected to double (from 307 to 614 people), comprising 87% of the total population growth in that age group. Meanwhile, population declines are projected for those aged 55-64 and 0-4 years.