1 Wigan Ave, Armidale is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 1000m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
An outstanding opportunity awaits the savvy investor with this three-unit complex located just minutes from the heart of town. Units 13, 5 Wigan Avenue offer a solid return and low-maintenance appealperfect for first-time investors or those looking to expand their portfolio.
Each of the three units features:
Two spacious bedrooms
With a combined rental return of $790 per week, this fully tenanted complex offers strong yields and steady income from day one. The layout of each unit ensures comfortable living, while the location provides excellent convenience, just moments from shops, schools, parks and public transport.
Opportunities to secure a complete unit block in such a prime location are raredont miss this chance to invest in a property with both immediate returns and long-term potential.
*We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.*
The size of Armidale is approximately 268.8 square kilometres. There are 41 parks, covering nearly 2.3% of the total area. The population of Armidale in 2016 was 23352 people. By 2021 the population was 23967 showing a population growth of 2.6% 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 2021, 59.20% of the homes in Armidale were owner-occupied compared with 57.70% in 2016.
Armidale has 13,855 properties. Over the last 5 years, Houses in Armidale have seen a 83.67% increase in median value, while Units have seen a 86.87% increase. As at 30 June 2026:
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