FOR SALE
New Build
$721,000

Contact Agent For Address
Armidale NSW 2350

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 148m2
Land area: 500m2
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DUPLEX 3+3 -SUNNRISE ESTATE - ARMIDALE, NSW - HIGH RENTAL INCOME

Location is minutes to Armidale CBD, University of New England, and the Armidale Hospital
Armidale is a city in the Northern tablelands of NSW. It is known for its tree lined streets, heritage buildings and diverse culture. Spectacular landscape and numerous heritage National Parks make it a great place to explore. The vineyards and wineries provide excellent cool climate wines. This plus a diverse food culture make this a food lovers paradise.
Armidale is one of the strongest economies in Regional NSW - with Research and Education, top agricultural and horticultural produce, and its sophisicated urban hub it is a most attractive city. The Uni of New England offers many diversified courses attracting many young professionals to the area. This coupled with a large General Hospital plus the ancillary health care associated with this, this area has a high demand for housing and accommodation: - VERY STRONG MARKETPLACE WITH HIGH DEMAND FOR HOUSING
DUPLEX - 3+3
Two contracts
UNIT 1: 3 BEDS, 1 BATH AND 1 CAR
UNIT 2: 3 BEDS, 1 BATH AND 0 CAR
Land size: 500m2 $229,000. Registration TBA
Dwelling total size: 148m2 $492,000
TOTAL PACKAGE PRICE: $721,000
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Property Details for Contact Agent For Address, Armidale

Contact Agent For Address, Armidale is a 5 bedroom, 2 bathroom DuplexSemi-detached with 1 parking spaces. The property has a land size of 500m2 and floor size of 148m2. The place is currently for sale with My Property Shop Australia.

Building Type
DuplexSemi-detached
Floor Size
148m2
Land Size
500m2

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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 13,573 properties. Over the last 5 years, Houses in Armidale have seen a 53.81% increase in median value, while Units have seen a 47.51% increase. As at 31 October 2024:

  • The median value for Houses in Armidale is $469,038 while the median value for Units is $314,827.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 97 properties listed for sale, and 10 properties listed for rent in Armidale on OnTheHouse. According to CoreLogic's data, 606 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.