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Sold on 13 Sep 2024 for $530,000

2/1 Johnson Avenue
Armidale NSW 2350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 1005m2
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Property Details for 2/1 Johnson Ave, Armidale

2/1 Johnson Ave, Armidale is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 1005m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Armidale in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
77m2
Land Size
1005m2
Local Government
Armidale Regional

Last Listing description (September 2024)

This is a rare brick duplex in located in and excellent residential location North Armidale. The beauty of this duplex is that the complex is on single title and has loads of opportunity to create value over the long term. There are excellent long-term tenants already in place making this an ideal investment option.

Features include:
Two x two bedroom units that have been updated

Both units have their own carport
Both units have reverse cycle air conditioning
Solid brick construction and each unit with their own elevated deck.
All bedrooms have built in robes.
Unit 1 is leased at $310 pw
Unit 2 is leased at $295 pw
Great North location close to schools, parks, and local walking tracks

This is an excellent property showing great returns in a sort after location! For more information on this duplex or to book an inspection call Jeremy Creagan on 0401 508 801.
*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*

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Property History for 2/1 Johnson Ave, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$530,000
13 Sep 2024
Listed for Rent
$260/w
08 Dec 2021
  • 13 Sep 2024
    Sold for $530,000
  • 11 Jul 2024
    Listed for Sale $520,000 - $550,000 Price Guide
  • 28 Aug 2023
    Listed for Rent - Price not available
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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 103 properties listed for sale, and 8 properties listed for rent in Armidale on OnTheHouse. According to CoreLogic's data, 605 properties were sold in the past 12 months in Armidale.

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