78 Jeffrey StreetArmidale NSW 2350
Property Details for 78 Jeffrey St, Armidale
78 Jeffrey St, Armidale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1357m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Armidale in the last 12 months.
Last Listing description (July 2017)
Showing a 8% (gross) return figure with minimal outgoings, this investment should be at the top of the list for your next purchase. Three separate rentable spaces currently return $650 total per week or $33800p/a, and all three units are in current leases at least until Dec 2016.
The six bedroom house divides into two main apartments and also houses the bathroom for the granny flat to the rear. Period features such as high ceilings, picture rails, lining boards and stained glass windows throughout, showcase the character of this building and make for a great street presence unlike most unit blocks. Set on a 1357sqm block in central Armidale.
Property History for 78 Jeffrey St, Armidale, NSW 2350
- 07 Aug 2024Sold for $330,000
- 07 Jul 2017Sold for $369,000
- 19 Jan 2016Listed for Sale $499,000
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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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