SOLD
Sold on 10 Jul 2024 for $560,000

2 Sarah Place
Armidale NSW 2350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 781m2
Sold By
Professionals Armidale
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Property Details for 2 Sarah Pl, Armidale

2 Sarah Pl, Armidale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 781m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Armidale in the last 12 months.

Building Type
House
Year Built
1980
Land Size
781m2
Local Government
Armidale Regional
Lot/Plan
19/DP711016

Last Listing description (July 2024)

Nestled in a serene cul-de-sac, this charming brick duplex presents a prime opportunity for both investors and homeowners alike. Enjoying a coveted location within walking distance to the esteemed University of New England, this property offers convenience without compromising on peace and privacy.

Key Features:
Mirrored Units: Each unit mirrors the other, offering symmetry and balance throughout the property.

Two Bedrooms with Built-in Wardrobes: Both units boast two spacious bedrooms complete with built-in wardrobes, providing ample storage space.
Main Bathroom: Enjoy the convenience of a well-appointed main bathroom in each unit, featuring a bath, shower and a separate toilet for added privacy.
Large Carpeted Living Rooms with Gas Heating: Relax in the generously sized living rooms, adorned with plush carpeting and warmed by efficient gas heating systems for cozy evenings indoors.
Private Laundry Facilities: Each unit features its own laundry area with external access, ensuring convenience and privacy for residents.
Private Backyards/Courtyards: Step outside to discover tranquil private backyards or courtyards, perfect for enjoying alfresco dining or peaceful moments in nature.
Single Lock-up Garages: Providing secure parking and additional storage space, each unit is equipped with its own single lock-up garage for added convenience.
Well-appointed Kitchens: The kitchens in both units boast ample cupboard space, offering functionality and practicality for everyday living.

Investment Potential:
Unit 1 Rental Income: Currently leased at $320 per week, Unit 1 offers a steady stream of income for savvy investors.
Unit 2 Lease Opportunity: Unit 2 presents an attractive opportunity for potential investors, currently listed for lease at $320 per week.

Ideal First Investment: Whether you're a seasoned investor or venturing into property investment for the first time, this property promises an easy and neat investment opportunity in a sought-after location.
This property also presents a great opportunity to live in one unit while renting out the other.

Don't miss your chance to secure this immaculate duplex in a peaceful setting. Contact us today to arrange a viewing and make this property your next successful investment venture!

*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 2 Sarah Pl, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$560,000
10 Jul 2024
Listed for Rent
$170/w
07 Jan 2009
  • 10 Jul 2024
    Sold for $560,000
  • 16 May 2024
    Listed for Sale Not Disclosed
  • 04 Dec 2008
    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 13,577 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.
There are currently 97 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.

Suburb Insights for Armidale 2350

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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.