1 Kennedy StreetArmidale NSW 2350
Property Details for 1 Kennedy St, Armidale
1 Kennedy St, Armidale is a 0 bedroom, 0 bathroom House. The property has a land size of 245400m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom House sold in Armidale in the last 12 months.
Last Listing description (May 2024)
Welcome to 1 Kennedy Street, Armidale, a prime parcel of land spanning 17 hectares across two titles, offering a wealth of opportunities for astute investors and developers alike. Situated in a coveted location, this property boasts a "low density residential" zoning, presenting the perfect canvas for a potential residential subdivision.
With street frontage to both Box Hill Drive and Kennedy Street, this property enjoys excellent accessibility and visibility. The tranquil surroundings coupled with the convenience of urban amenities make it an ideal setting for a residential development project.
Whether you're envisioning a community of spacious family homes or seeking to create a tranquil retreat nestled amidst nature, the expansive size and versatile zoning of this property offer endless possibilities.
Don't miss this rare opportunity to shape the future of residential living in Armidale. Explore the potential of 1 Kennedy Street today and turn your vision into reality.
*We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.*
Property History for 1 Kennedy St, Armidale, NSW 2350
- 24 May 2024Sold for $1,500,000
- 02 May 2024Listed for Sale Not Disclosed
- 16 Dec 1999Sold for $246,000
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0About 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 13,577 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.
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