172 Canambe StreetArmidale NSW 2350
Property Details for 172 Canambe St, Armidale
172 Canambe St, Armidale is a 1 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 625m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
Excellent tenants, and scope to further capitally improve mean this weatherboard duplex at 172 Canambe St is a rare find in this market for a solid investment or development.
This duplex is located on the eastern edge of Armidale only a short walk from schools, the Jockey Club, the Showground and a popular convenience store. The property comprises 2 x 1 bedroom apartments. Each apartment has separate front and back yards. Unit 1 has been recently painted and updated with a new kitchen and new floor coverings. A good yield as a gross return on investment of 5.1% at $365,000.
FEATURES:
* Separate living and kitchen and living area
* Unit 1 gas heating and cooktop
* Unit 2 has been recently painted, carpeted and updated with new electric kitchen and heating
* Shared laundry
* Separate front and back yards
* Close to schools, Jockey Club, Showground and corner store
* Unit 1 returns $175 PW
* Unit 2 returns $190 PW
* Across the road from Bunnings
* Approx 100m from Newling Public Primary School
* Approx 500m from The Armidale School
Property History for 172 Canambe St, Armidale, NSW 2350
- 31 May 2022Sold for $358,000
- 11 Mar 2022Listed for Sale $365,000
- 28 Sep 2020Listed for Rent $180 / week
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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 13,633 properties. Over the last 5 years, Houses in Armidale have seen a 54.21% increase in median value, while Units have seen a 32.01% increase. As at 31 December 2024:
- The median value for Houses in Armidale is $480,639 while the median value for Units is $282,538.
- Houses have a median rent of $450 while Units have a median rent of $325.
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