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Apartment

7/22 Derby Street

Armadale VIC 3143, Australia

1 Bedrooms
1 Bathrooms
1 Parking
$495,000 Last sale (2024)

About this property

yardizepropertyrecord

Unit 7 at 22 Derby Street in Armadale is a one‑bedroom, one‑bathroom apartment with a single off‑street car space. It sits within a low‑rise, 13‑unit building that predominantly houses owner‑occupiers. The unit offers floorboards, a balcony, and a modern kitchen equipped with a dishwasher, providing a convenient and contemporary lifestyle.

The location benefits from an exclusive cul‑de‑sac setting close to Malvern Road and is within walking distance of Armadale’s boutique shops and cafés. Recent market activity shows the unit sold for $495,000 in June 2024. Current rent listings advertise the apartment at $400 per week, while estimated market value suggest a higher weekly rent around $495.

Belle Property Armadale is the agency that handled the recent sale and rental listings

Also written as Unit 7, 22 Derby Street.

Key details

Locality
Armadale
State
VIC
Coordinates
37.850869 / 145.020257
GNAF PID
GAVIC410775435
Legal parcel ID
7\SP34481
Remoteness area
Metro
Property type
Apartment
Total units in building/complex
13 units
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
Detected
Land Use Category
Residential

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent
$495
Expected property value
$500,000
Estimated yield
5.15%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
11 Jul 2024
Sale
21 Jun 2024
Contracted 11 Jul 2024. Private treaty sale, 15 days on market
$495,000
Sale
12 Oct 2016

Property insights

Building profile

  • Total units: 13 units

Property Features

  • Floorboards, balcony, modern kitchen with dishwasher, wardrobe space, bathroom/laundry Homely.com.au Homely.com.au
  • Exclusive cul‑de‑sac location close to Malvern Road, walking distance to Armadale shops and cafes
  • Heritage‑listed precinct: Located within a heritage zone, potentially affecting renovations
  • High owner‑occupier proportion: Approximately 70% of units are owner‑occupied

Recorded sales and leasing agents

Recorded sale agency (2024 sale)
Belle Property Armadale recorded for the 2024 sale
Recorded listing contacts
Isabella Maxwell 0415 531 814 Andrew James 0411 420 788 Homely – sold listing

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
70%
Renter-occupied
30%

Real Estate Agencies

Ordered by:
Marshall White - Stonnington
0.7 km
Marshall White - Boroondara
4.2 km
Jellis Craig - Fitzroy
6.8 km
Gary Peer & Associates - Caulfield North
1.7 km
Jellis Craig - Carnegie
5.1 km
Jellis Craig - Stonnington
1.0 km
Marshall White - Balwyn
6.9 km
Buxton - Port Phillip
4.0 km
Ray White - Carnegie
5.2 km
Kay & Burton - Stonnington
1.5 km
Jellis Craig - Port Phillip
5.8 km
Belle Property Armadale - ARMADALE
1.0 km
Little Real Estate - HAWTHORN
2.2 km
Buxton - Stonnington
2.4 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Armadale Primary School
0.3 km
Primary school | Government
Lauriston Kindergarten
0.5 km
Lauriston Girls' School
0.5 km
Combined school | Independent
Lauriston Kindergarten (1)
0.6 km
Armadale Early Learning Centre
0.7 km
Loreto, Mandeville Hall
0.7 km
Combined school | Catholic
Malvern Memorial Kindergarten
0.7 km
Chabad House of Malvern/Toorak
0.8 km
Our Lady of Lourdes School (Prahran)
1.0 km
Primary school | Independent
John Mackenzie Kindergarten
1.0 km
Only About Children Armadale
1.0 km
St Peter's Early Learning Centre
1.1 km
Toorak Primary School
1.1 km
Primary school | Government
Brookville Kindergarten
1.1 km
The King David School Kindergarten
1.1 km
The King David School
1.2 km
Combined school | Independent
St Joseph's Primary School
1.2 km
Primary school | Catholic
De La Salle College
1.3 km
Combined school | Independent
St Catherine's School (Toorak)
1.4 km
Combined school | Independent
Malvern Central School
1.6 km
Primary school | Government
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

7/22 Derby Street is described with 1 bedroom, 1 bathroom, 1 parking space

Homely.com.au
Which primary school is closest to the property?

Armadale Primary School is the nearest primary school, located approximately 0.3 km from the address

What is the nearest tram or train station?

Armadale Station on the high‑street line is the closest rail service, about 0.6 km away

Which heritage‑listed place is closest to this address?

Armadale House, a state‑heritage listed Victorian mansion, lies roughly 0.3 km from the property

What is the population of the suburb?

Armadale recorded a population of 9,368 in the 2021 census

En.wikipedia.org
Which local government area governs the property?

The property falls within the City of Stonnington local government area

What kind of property is this?

7/22 Derby Street is listed as Apartment in Armadale, VIC

Homely.com.au
What asking price or listing price is shown?

7/22 Derby Street includes price $400 / week, Sold for $495,000 on 11 Jul 2024

Homely.com.au

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