2. NSW
  3. Armidale

Houses Units

Here you can find what you need to know about Armidale, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$500K Median Sale Price (National Average $485k) 1287th In NSW
-3.85% Median Sale Price Change (1yr) (National Average 4.30%) 4195th In NSW
$450pw Median Rent (National Average $395) 1111th In NSW
4.7% Median Gross Yield (National Average 4.24%) 96th In NSW
Properties sold 478
Average discounting -4.93%
Average Days on Market 76
Stock on Market 296 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Armidale, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Armidale, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Armidale, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Armidale


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Armidale, NSW 2350

Part of: Armidale Council No data available

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. (source: Australian Bureau of Statistics)

View all properties for sale in Armidale

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Armidale   for Houses in last 12 months


There have been 478 Houses sold in Armidale in the past 12 months with a median sale price of $500K, down 3.8% annually. It takes on average 57 days to sell with vendor discounting of -4.9%.

Others also viewed

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Tamworth NSW, 2340 Unavailable Unavailable $450pw Unavailable View Suburb Profile
Armstrong Beach QLD, 4737 5.92% $447,500 Unavailable Unavailable View Suburb Profile
Coffs Harbour NSW, 2450 3.29% $785,000 $645pw 4.3% View Suburb Profile
Arncliffe NSW, 2205 12.46% $1,737,500 $815pw 2.4% View Suburb Profile
Morpeth NSW, 2321 2.41% $850,000 Unavailable Unavailable View Suburb Profile
Holroyd NSW, 2142 Unavailable Unavailable Unavailable Unavailable View Suburb Profile

Currency

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