SOLD
Sold on 25 Sep 2024 for $200,000

38 Spearmount Drive
Armidale NSW 2350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 734m2
Sold By
Laing+Simmons Armidale
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Property Details for 38 Spearmount Dr, Armidale

Building Type
Land
Land Size
734m2
Local Government
Armidale Regional
Lot/Plan
304/DP1297588

Last Listing description (November 2024)

Introducing an exceptional opportunity to acquire a prime piece of land in the highly sought-after Foothills estate in North Armidale. Located at 38 Spearmount Drive, Armidale, this vacant block presents a superb prospect for home builders, investors, and developers alike.

Imagine the possibilities of creating your dream home in an exciting, family-friendly community, surrounded by quality houses and welcoming neighbourhoods. This expansive, flat block of land is poised and ready for construction, offering a blank canvas for you to realise your vision of the perfect residence.

Just a few minutes' drive from the bustling town centre, you'll relish the convenience of having amenities close at hand, whilst still enjoying the peace and tranquility of this charming estate. The Foothills estate is renowned for its picturesque surroundings and the sense of camaraderie amongst its residents, ensuring a fantastic lifestyle for you and your family.

Don't miss out on this rare opportunity to secure a prime piece of real estate in one of North Armidale's most prestigious areas. Whether you're an investor, developer, or aspiring homeowner, this is your chance to make your mark and shape the future of this thriving community. Realise your dreams today with this expansive offering at 38 Spearmount Drive by contacting one of our agents today.

Disclaimer: We have obtained all information 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 38 Spearmount Dr, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$200,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $200,000
  • 04 Jul 2024
    Listed for Sale Price Guide: $195,000 - $210,000
  • 21 Dec 2023
    Listed for Sale Not Disclosed
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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, 609 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.