3/11 Queen Elizabeth DriveArmidale NSW 2350
Property Details for 3/11 Queen Elizabeth Dr, Armidale
3/11 Queen Elizabeth Dr, Armidale is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 970m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 6 bedroom Unit sold in Armidale in the last 12 months.
Last Listing description (December 2024)
Conveniently located close by to UNE, shops and other amenities, this brick and tile triplex offers positive returns to the astute investor. The units are all strata titled but are being sold as a single job-lot.
Features of the property:-
- 3 x 2 bedroom apartments
- Large open style kitchens with electric cooking facilities
- Unit 3 has been updated in kitchen and bathroom
- Separate court yards for all 3 units
- Combined wet areas with laundry and bathroom
- 3 bay carport with single space for each unit
- Low vacancy rate
- Potential rental return up to $860 per week over 6.5% gross return
For further information and inspections please contact Tim Randell on 0401 178 786.
Property History for 3/11 Queen Elizabeth Dr, Armidale, NSW 2350
- 20 Dec 2024Sold
- 21 Oct 2024Listed for Sale $650,000 - $700,000 Price Guide
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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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