Back 8/31 Mercer Road
Off Market

8/31 Mercer Road

Armadale VIC 3143

2
1
Apartment
Michael ArmstrongMichael Armstrong, last sold this property on 12 December 2020 after 22 days on market.

Overview

Renovated First Floor Art Deco Apartment in One of Armadales Best Streets

- Recently renovated - North facing living room and bedroom - Light and bright with beautiful green outlooks from every window - Timeless and solid Art Deco building of just 12 apartments - Positioned in the middle of Mercer Road, widely regarded as one of Armadales best streets - Incredible investment fundamentals High Street shopping a short walk, parks, quality surrounding properties and close to transport makes it a superb long term investment - Perfect as a city base, first home or blue chip investment

Features

2 bedrooms
1 bathroom
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Armadale over the last 12 months, the estimated median property value of 8/31 Mercer Road is $696.5k.

Median value
$696.5k
Estimated value range
$455k - $1.5m
Median days on market
25
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Armadale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8/31 Mercer Road

2024
Rented
Undisclosed
Leased on 09 Oct 2024 by Marshall White - Stonnington
2020
Sold
Undisclosed
Auction Sale on 12 Dec 2020 by Michael Armstrong, of Kay & Burton Stonnington
2014
Sold
Undisclosed
Sold After Auction on 06 Apr 2014 by Todd Braggins, of Marshall White - Stonnington

Happy sellers in Armadale

87%
87% of sellers in Armadale reported that their sale price either exceeded or met their price expectations.

Armadale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Armadale over the last 12 months.

Local market activity for 2 bedroom apartments in Armadale

In the last 12 months, 90 two-bedroom apartments similar to 8/31 Mercer Road, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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