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Investment Property Armidale, NSW, 2350

Suburb Snapshot

Armidale is a suburb in the Armidale Regional Region of New South Wales. Armidale has a population of 23,350 people and 32.74% of its occupants live in rental accommodation. The median listing price for houses is $570,000 and this has changed 6.54% over the past year and changed 5.55% over 2 years.

The median rent in Armidale for houses is $455 per week and the median rental yield is 4.15%. Stock on the market for houses/townhouses has changed -14.29% compared to last year and the average time to sell a house/townhouse is 120 days.The median listing price for units is $335,000 and this has changed 11.66% over the past year. The average unit takes 125 days to sell and the median rent for a unit in Armidale is $320 per week, producing a rental yield of 4.96%.

Supply & Demand in Armidale, Armidale Regional

1.47%

Current vacancy rate


169

Rental stock available


23,350

Population


32.74%

Rental population


1.23%

Current vacancy rate


182

Rental stock available


29,451

Population


29.95%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Armidale, Armidale Regional

  House Townhouses Units
Median listing price $570,000 $599,000 $335,000
Median price change - last quarter 1.78% 4.62% 1.66%
Median price change - 1 year 6.54% 53.58% 11.66%
Median price change - 2 years 5.55% 8.90% 11.66%
  House Townhouses Units
Median weekly rent $455 $420 $320
Median yield % 4.15% 3.64% 4.96%
Median rent change - 1 year 3.40% -1.18% 3.22%
  House Units
Previous month sales 37 6
Stock on market previous month 162 12
Stock variance vs. last year -14.29% -36.84%
Average days on market 120 125

Armidale investment property listings

Showing 1 of 1 investment properties found in Armidale on realestateinvestar.com.au

14 Webb Pl, Armidale

$590,000

property pic

Flexible Industrial Space with Dual Tenancies in Prime Location

14 Webb Place presents a flexible commercial opportunity in the heart of Armidale's industrial estate. Positioned on a generous block, the property features an expansive shed and a well-maintained shop front, offering excellent street presence and functionality. Currently divided into two separate ...

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NSW 2350


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