Investors eye Armadale’s affordable, high-yield market
With almost 40 per cent growth over the past 12 months and major infrastructure investment, this Perth suburb offers top opportunities for investors, according to SPI’s FAST 50 report.
Armadale is among the top suburbs listed in Smart Property Investment’s 2026 FAST 50 report for savvy investors.
The FAST 50 report is an annual publication by Smart Property Investment designed to identify 50 Australian suburbs with strong growth potential over the next 12 months.
It combines expert insights from trusted property investors and real estate networks, with detailed data analysis to highlight under-the-radar opportunities for investors.
Unlike traditional reports, the FAST 50 focuses on future potential rather than past performance, offering investors a clear starting point for their research and due diligence.
Located in the south-eastern suburb of Perth, Armadale offers a mix of urban convenience and natural beauty, appealing to young families, professionals, long-term residents and investors alike – all contributing to a vibrant local atmosphere.
Just 26 kilometres south-east of Perth CBD, Armadale benefits from excellent transport links, including a direct train service that takes approximately 22 minutes to the city.
The suburb also offers a variety of amenities, such as shopping centres, parks, recreational facilities, and renowned schools.
Armadale has a diverse housing market featuring older homes, modern estates, and semi-rural properties, while remaining affordable with a median dwelling price of $545,000.
Savvy investors have also been eyeing the suburbs, as it recorded a 12-month capital growth of 39.40 per cent, and has a median rental yield of 5.40 per cent.
Despite rising prices, Armadale remains more affordable than many other Perth suburbs with significant infrastructure investments, such as the $2.3 billion Armadale Road upgrade, which will support connectivity and residential and commercial growth in the area.
As the city continues to expand, Armadale is well-positioned to benefit from ongoing infrastructure developments and economic advancements, making it a promising suburb for sustained growth.
The suburb’s upward trajectory is expected to continue, driven by demand from both local and interstate buyers seeking value in Perth’s property market.
Check all the suburbs in the FAST 50 report here.