SOLD
RECENT ADVICE
Sold on 09 Oct 2024 for $205,000

288A Dumaresq Street
Armidale NSW 2350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 78m2
Land area: 1205m2
Sold By
Laing+Simmons Armidale
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Property Details for 288a Dumaresq St, Armidale

Building Type
Land
Year Built
2024
Floor Size
78m2
Land Size
1205m2
Local Government
Armidale Regional
Lot/Plan
2/DP1181256

Last Listing description (October 2024)

*Please contact us to confirm availability.

TURNKEY DUAL KEY HOUSE & LAND PACKAGE

Home Information

*Fixed site costs included

*Reverse cycle air conditioning

*Ceramic floor tiles to Kitchen, bathrooms, Water Closet and Dining

*Premium loop pile carpet with Dunlop 10mm plush underlay to Bedrooms and Living

*Fabric roller blinds to windows with vertical blinds to sliding doors

*LED downlights throughout

*Colourbond Fascia & Gutter, and Roofing

*Landscaping and fencing

Benefits of Dual Living include:

*The ability to maximise the potential of one block of land and the floor size under one roof

*Improved cash flow and reduced maintenance costs.

*Two sets of rental income producing a higher yield

*Lower risk associated with vacancy periods as there is a secondary rental income;

*Varied style of tenancy arrangements - in-law accommodation, teenager retreat; and

*No strata fees, as the dwellings remain on the same lot/title.

Property History for 288a Dumaresq St, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$205,000
09 Oct 2024
  • 09 Oct 2024
    Sold for $205,000
  • 18 Sep 2024
    Listed for Sale Price Guide: $195,000 - $210,000
  • 24 Jan 2024
    Sold
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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.