Thinking about buying in Armidale Regional? Now could not be a better time, with a whopping 21359 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $628,000 with prices in this suburb ranging from $470,000 to $962,000.
Distance to the coast is 100 Km.In Armidale Regional there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Armidale Regional is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Armidale Regional leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Armidale Regional the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Median Weekly Rent | $200.00 |
Median Monthly Mortgage | $2167.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 36.00 |
Average Income | $1100.00 |
Average Cars Per Dwelling | 2.94 |
Average Properties Within 50M | 3.00 |
Ben Lomond Public School
Thalgarrah Environmental Education Centre
Armidale City Public School
Drummond Memorial Public School
Ben Venue Public School
Kellys Plains Public School
Martins Gully Public School
Newling Public School
Sandon Public School
Armidale High School
Duval High School
St Mary's Primary School
O'Connor Catholic College
Minimbah Primary School
The Armidale Waldorf School
The Armidale School
New England Girls' School
PLC Armidale
Bald Blair Public School
Guyra Central School
St Mary of the Angels Primary School
Chandler Public School
Black Mountain Public School
Ebor Public School
Lyndhurst Public School
Lyndhurst Primary School
St Pius' Catholic Primary School
(While the above schools are located with the suburb of Armidale Regional there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
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