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I think it's more to do with cost of apartments in that suburb relative to the cost of houses in the same suburb, rather than another suburb. Interestingly the median price growth over the last 12mths was 19% for apartments and 17% for houses. Also, interestingly a couple of months ago the...

I think that was way underquoted, I would have said at least 550k+ for this type of property.

WOW, that is an astounding result. It is above average in size and the balcony is double the usual size, but still unrenovated and just a 2x1x1. Armadale apartments have been undervalued for sometime, but only now starting to reach prices seen for similar types of apartments in...