Armidale Regional
NSW, 2365

Thinking about buying in Armidale Regional? Now could not be a better time, with just 31 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $4,026,000 with prices in this suburb ranging from $3,644,000 to $4,408,000. The aproximate distance to the coast is 111 Km.

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Armidale Regional Real Estate Market Outlook

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.

Local Schools

(While the above schools are located with the suburb of Armidale Regional there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

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We are currently collecting information for this location.

Armidale Regional weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

21-06-2019 $5,142,532 772 BROCKLEY RD
22-06-2017 $5,800,000 218 WILLOW PARK RD
25-09-2015 $1,750,000 5 BROCKLEY RD
09-05-2014 $1,350,000 18 BROCKLEY RD
26-06-2009 $1,125,000 5 BROCKLEY RD
27-02-2009 $40,000 230 BROCKLEY RD

Internet Speed

Nearby Suburbs

BrockleyBald BlairAberfoyleFalconerThalgarrahPuddledockObanSouth GuyraBlack MountainTubbamurra

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