855 Armidale RoadNemingha NSW 2340
Property Details for 855 Armidale Rd, Nemingha
855 Armidale Rd, Nemingha is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 850m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (August 2016)
Just reduced! The owners want to see this property sold and are committed to meeting the market. Potential exists to maintain current dual occupancy or set up your own business subject to D/A. Currently set up with a two bedroom home and a separate extra large 1 bedroom residence. The home has a split system air-conditioner a 1/2 oven with gas cook-top, comfortable front verandah and double carport. The separate 1 bedroom cottage has a huge lounge area, kitchen bathroom and laundry plus a single carport. Combined rent potential estimated around $360.00 per week that's around 9% Gross. Zoned RU4 allowing you the opportunity for light industry and rural style businesses to to established in this location subject to council approval.
Property History for 855 Armidale Rd, Nemingha, NSW 2340
- 19 Aug 2016Sold for $187,500
- 04 May 2016Listed for Sale $199,000
- 11 Dec 2003Sold for $60,000
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0About Nemingha 2340
The size of Nemingha is approximately 32.6 square kilometres. The population of Nemingha in 2011 was 644 people. By 2016 the population was 672 showing a population growth of 4.3% in the area during that time. The predominant age group in Nemingha is 50-59 years. Households in Nemingha are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nemingha work in a managers occupation. In 2011, 76.5% of the homes in Nemingha were owner-occupied compared with 77.1% in 2016.
Nemingha has 434 properties. Over the last 5 years, Houses in Nemingha have seen a 79.31% increase in median value. As at 31 October 2024:
- The median value for Houses in Nemingha is $763,678 while the median value for Units is $316,078.
- Houses have a median rent of $365.
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