SOLD
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Sold on 26 Feb 2024 for $393,000

56 Martin Street
Armidale NSW 2350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 56 Martin St, Armidale

56 Martin St, Armidale is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Armidale in the last 12 months.

Building Type
House
Local Government
Armidale Regional
Lot/Plan
1/DP718207

Last Listing description (February 2024)

Don't miss your chance to own this attractive three-bedroom brick home, offering a solid investment opportunity or a perfect starter home. Situated within walking distance to shops, parks, and the University of New England (UNE), this property's location is truly unbeatable.

Features include:

Three generous bedrooms, including two with built in robes for ample storage

Three way bathroom, with separate toilet
Electric cooking
Wood heating
NBN Ready
Steel frame construction
Covered outdoor entertaining area
Large fully fenced yard, with no side neighbour
Gated side access for caravan, boat, car parking
Estimated rental return $430 per week
Rates approx. $2700 per annum

This property presents an exceptional value for those looking to enter the property market or expand their investment portfolio. With the convenience of nearby amenities and a fantastic potential rental return, it's a smart choice for both investors and first-time homebuyers.

Contact Cayne Moar to book your inspection today on 0431 435 958

*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*

Property History for 56 Martin St, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$393,000
26 Feb 2024
Listed for Rent
$360/w
19 Jun 2020
  • 26 Feb 2024
    Sold for $393,000
  • 06 Nov 2023
    Listed for Sale $380,000
  • 03 Mar 2020
    Listed for Rent $360 / 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 13,575 properties. Over the last 5 years, Houses in Armidale have seen a 51.71% increase in median value, while Units have seen a 36.58% increase. As at 30 September 2024:

  • The median value for Houses in Armidale is $456,412 while the median value for Units is $308,565.
  • Houses have a median rent of $450 while Units have a median rent of $325.
There are currently 100 properties listed for sale, and 13 properties listed for rent in Armidale on OnTheHouse. According to CoreLogic's data, 602 properties were sold in the past 12 months in Armidale.

Suburb Insights for Armidale 2350

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Contact agent
Cayne Moar
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Natalie Bower
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Ray White Rural Guyra/ Armidale
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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.