SOLD
Sold on 21 Feb 2024 for $237,000

4/20 Drummond Avenue
Armidale NSW 2350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 873m2
Sold By
Brad Dunham
ARMIDALE FIRST NATIONAL REAL ESTATE
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Property Details for 4/20 Drummond Ave, Armidale

4/20 Drummond Ave, Armidale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 873m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Armidale in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
65m2
Land Size
873m2
Local Government
Armidale Regional
Lot/Plan
4/SP44621

Last Listing description (April 2024)

This brick and tile 2 bedroom unit at 4/20 Drummond Ave is in the prime central south location and a cu-de-sac. Set back from the road for privacy this currently tenanted property returns $275 p/w. Open plan dining and living is on the eastern side for morning sun. The kitchen cabinetry is tired and would benefit from a facelift. Capitally improving may also improve the asking rent if offered in the current rental market also. The bathroom has high ceilings and a sky light, and is a shower over bath. Single covered carport, NBN and close proximity to amenities mean 4/2o Drummond Ave is terrific and flexible property offering in this price bracket.

Features:

* 2 bedroom brick and tile unit in a quad complex

* Shower over bath

* Approx 170m to Moxon's Bakery

* Approx 450m to New England Regional Art Museum (NERAM) and Cafe

* Approx 500m to Armidale City Public Primary School

*Single carport

* Strata approx $585 per qtr

Property History for 4/20 Drummond Ave, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$237,000
21 Feb 2024
Listed for Rent
$250/w
23 Oct 2019
  • 21 Feb 2024
    Sold for $237,000
  • 18 Oct 2023
    Listed for Sale Not Disclosed
  • 16 Oct 2019
    Listed for Rent $250 / week
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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, 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.