68 Rusden StreetArmidale NSW 2350
Property Details for 68 Rusden St, Armidale
68 Rusden St, Armidale is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 914m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Armidale in the last 12 months.
Last Listing description (November 2024)
Immerse yourself in the remarkable opportunity that awaits at 68 Rusden Street, a distinguished duplex nestled in the vibrant core of Armidale's CBD. This property presents a wise investment for the discerning buyer, boasting two well-maintained 2-bedroom, 1-bathroom apartments, each offering a harmonious blend of comfort and convenience.
Occupying a generous plot, the residence is complemented by a vast, securely fenced yard, perfect for future enhancements or simply to bask in the serenity it provides. The block boasts endless opportunity with the potential to add another dwelling (STCA) heightening the income potential. The apartments, potential yielding attractive returns of $270 per week and $250 per week, respectively, underscore the property's potential as a lucrative investment.
For those who desire proximity to the essentials, this locale is unrivalled, with the town's lush parks, bustling shops, and cosy pubs merely a stroll away. Not to mention, one of Armidale's finest establishments, 'Cafe Patisserie,' is just a few doors down, offering the ideal setting for a morning coffee or a decadent afternoon treat.
This duplex is tailored to investors seeking a robust addition to their portfolio. With two parking spaces ensuring practicality, 68 Rusden Street stands as a testament to strategic real estate in a sought-after urban pocket. Secure your slice of Armidale's real estate market and watch your investment flourish.
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 68 Rusden St, Armidale, NSW 2350
- 12 Jul 2024Sold for $450,000
- 07 Jun 2024Sold
- 22 May 2024Listed for Sale Price Guide: $420,000 - $460,000
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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 13,573 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.
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