FOR SALE
New Build
$724,445

Contact Agent For Address
Armidale NSW 2350

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 705m2
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SMSF ONE COTRACT - DUAL- KEY SO AFFORDABLE - HIGH INCOME $930 PW

Located 110km northeast of Tamworth and 190km inland from Co3s Harbour, this regional city has become a significant education and administrative centre. Council's Visit Armidale website describes the city as the main hub of the New England High Country. There are four national parks within an hour's drive from the city centre. The city also features a range of historic buildings plus modern cafes, restaurants and boutique stores. Armidale is well-known for its art and music hubs including the New England Conservatorium, New England Regional Art Museum, the Armidale Art Gallery, and the Michael Hoskins Creative Arts Centre. The city is also home to the University of New England (UNE). There is the Armidale Golf Club's 18-hole championship course; the Welder's Dog craft beer bar; and the Great Hops Brewery Co. A popular annual event is the Autumn Festival which features a street parade, plus entertainment and music.
VERY STRONG MARKETPLACE WITH HIGH DEMAND FOR HOUSING Current vacancy factor 1.4%
DUAL OCCUPANCY - One contract or SMSF only
Main dwelling: 3 bed + 1 bath + 1 carport
Secondary Dwelling: 3bed + 1 bath - no car
Land size: 705m2
Dwelling total size: 131.22m2
TOTAL PACKAGE PRICE: $724,445
Rental estimate: $930 total per week
TO PURCHASE:
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Property Details for Contact Agent For Address, Armidale

Contact Agent For Address, Armidale is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 705m2. The place is currently for sale with My Property Shop Australia.

Building Type
House
Land Size
705m2

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About Armidale 2350

The size of Armidale is approximately 268.8 square kilometres. It has 41 parks covering nearly 2.3% of total area. The population of Armidale in 2011 was 22,467 people. By 2016 the population was 23,355 showing a population growth of 4.0% in the area during that time. The predominant age group in Armidale is 20-29 years. Households in Armidale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Armidale work in a professional occupation. In 2011, 59.9% of the homes in Armidale were owner-occupied compared with 57.7% in 2016.

Armidale has 13,555 properties. Over the last 5 years, Houses in Armidale have seen a 65.42% increase in median value, while Units have seen a 37.29% increase. As at 31 August 2024:

  • The median value for Houses in Armidale is $484,787 while the median value for Units is $289,242.
  • Houses have a median rent of $450 while Units have a median rent of $320.
There are currently 82 properties listed for sale, and 9 properties listed for rent in Armidale on OnTheHouse. According to CoreLogic's data, 630 properties were sold in the past 12 months in Armidale.

Suburb Insights for Armidale 2350

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Contact agent
Kaye Tilley
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John Tilley
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My Property Shop Australia
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.