SOLD
Sold on 20 Sep 2024 for $363,000

7 Herbert Lane
Armidale NSW 2350

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 974m2
Sold By
Tim Randell
Armidale Town & Country
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Property Details for 7 Herbert Lane, Armidale

7 Herbert Lane, Armidale is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 974m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Armidale in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
91m2
Land Size
974m2
Local Government
Armidale Regional
Lot/Plan
26/DP243225

Last Listing description (September 2024)

Offering a neat and tidy home on a large block, halfway between the UNE and the CBD is this low maintenance investment offering good rental return. Updated and renovated this home is set and forget portfolio addition.

Features include:-

- 4 bedrooms good sized bedrooms

- Renovated, North facing kitchen
- Updated bathroom
- Large backyard, fully secure backyard
- Living room with gas heating
- Updated flooring and paint throughout
- Rental return $400 per week

For further details and inspections contact Tim Randell on 0401 178 786.

*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 7 Herbert Lane, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$363,000
20 Sep 2024
Listed for Rent
$350/w
22 Dec 2020
  • 20 Sep 2024
    Sold for $363,000
  • 29 Aug 2024
    Listed for Sale $350,000 - $380,000 Price Guide
  • 10 May 2023
    Listed for Sale $350,000
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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.