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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


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

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 2 of 2 investment properties found in Armidale on realestateinvestar.com.au

257 Donnelly St, Armidale

$0

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Renovated Home with Dual-Income Potential

Freshly renovated and ready to move in, this four-bedroom home combines character, comfort, and income potential. Set on a generous corner block, the property has been thoughtfully updated while retaining its charm with original hardwood floors throughout. Property Features: - 4 spacious bedrooms ...

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NSW 2350


147 Faulkner St, Armidale

$0

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Rare Opportunity To Invest In Historic Armidale Commercial Prope

Prominently positioned on the edge of Armidale's CBD with frontage to both Barney and Faulkner Streets, the former Masonic Lodge Hall represents an exceptional opportunity to secure a versatile commercial building in a tightly held precinct. Offering scope for a range of future uses, the property ...

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NSW 2350


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