3-5 Marshall AvenueArmidale NSW 2350
Property Details for 3-5 Marshall Ave, Armidale
3-5 Marshall Ave, Armidale is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1279m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in Armidale in the last 12 months.
Last Listing description (December 2024)
Welcome to 13 Marshall Avenue, a prime investment opportunity featuring three charming units located at the end of a quiet cul-de-sac. All units are currently leased with long-term, tidy tenants in place, ensuring a steady income stream.
Unit 1:
Updated with modern floor coverings and kitchen finishes.
Open-plan lounge and kitchen.
Main bathroom.
Individual laundry, clothesline, front veranda, and single lock-up garage.
Unit 2:
Comprises two bedrooms with built-in robes.
Open-plan lounge and kitchen.
Main bathroom.
Individual laundry, clothesline, front veranda, and single lock-up garage.
Unit 3:
Spacious three-bedroom unit.
Enclosed living area.
Functional kitchen.
Bathroom with a separate toilet.
Individual laundry, clothesline, front veranda, and single lock-up garage.
This trio of units offers a fantastic investment opportunity with their solid rental history and well-maintained condition. Located in a peaceful and family-friendly neighborhood, these units are ideal for investors seeking reliable returns and future growth potential.
All three units are returning $970.00 per week.
Don't miss out on this exceptional chance to secure a valuable asset in a desirable location.
*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 3-5 Marshall Ave, Armidale, NSW 2350
- 19 Dec 2024Sold for $785,000
- 22 Nov 2024Listed for Rent $350 / week
- 05 Jul 2024Listed for Sale $750,000 - $820,000
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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 13,628 properties. Over the last 5 years, Houses in Armidale have seen a 52.43% increase in median value, while Units have seen a 49.83% increase. As at 30 November 2024:
- The median value for Houses in Armidale is $465,171 while the median value for Units is $301,175.
- Houses have a median rent of $450 while Units have a median rent of $330.
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