Advocate Agency — 1/29A Hampden Rd, Armadale · Comparable Sales
Comparable Sales Analysis
On market · Belle

1/29A Hampden Rd, Armadale

Unrenovated 3 bed · 1 bath apartment · benchmarked against 7 recent Armadale & Caulfield North sales
Prepared for David & Liz · 1 August 2026
Config
3 Bed · 1 Bath
Internal
124 m²
Level
1st floor
Complex
8-unit block
Finish
Unrenovated
Outlook
Balcony · street frontage
Parking
Single carport
Position
Quiet street
Client maximum
$985,000
Absolute budget ceiling
Vendor guide
$950k – $1,045k
Quoted by Belle · extends above budget
Same size, directly above
$1,068,000
3/29a · 124m² · renovated · Nov 2024
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Read this first

3/29a Hampden Rd sits directly above the subject in the same eight-unit block: the same 124m² footprint, renovated with an added ensuite and open-plan living, sold for $1,068,000. That is the truest read on the building. The subject is unrenovated and one-bathroom, so it sits below that, while its 124m² size, quiet street and genuine frontage hold a firm floor. The vendor guide runs to $1,045,000, above the client's $985,000 ceiling.

★ Most Comparable Sales

Assessed Value

Holds a firm floor; at or above the client ceiling

$950k – $1,000k
Most likely ≈ $980k · client max $985k · vendor to $1,045k

The cleanest read sits directly above the subject: 3/29a, the same 124m², sold for $1,068,000 renovated with an added ensuite. Strip that renovation and the extra bathroom and the unrenovated equivalent sits below it, but the subject's 124m² floorplate, quiet street and genuine frontage hold a firm floor. The endorsed in-budget benchmark, 5/48 Orrong Cres at $940,000, is actually larger at 149m² but has less street presence, which is exactly what the subject offers. A similar-size unrenovated unit on a strong block, 6/70 Orrong Cres (122m²), reached $1,220,000. Together these place the subject at roughly $950,000 to $1,000,000, most likely near $980,000, reaching or exceeding the client's $985,000 ceiling.

Sold Prices vs the Client's Budget

Would buy In budget, off-spec Over ceiling Assessed $950k–$1,000k Client max $985k

Comparable Sales — Detailed Notes

Address Sold Price Internal $/m² Level Config Finish Assessment Notes
Advocate Agency · Buyer's Advocate. Advocate Agency has prepared this comparative market research for its client to accurately gauge pricing on a property of interest. The subject is currently listed for sale. Assessed value is an opinion based on available comparable evidence, not a formal valuation. Figures rounded; verify before contract.