17 Queen Elizabeth DriveArmidale NSW 2350
Property Details for 17 Queen Elizabeth Dr, Armidale
17 Queen Elizabeth Dr, Armidale is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 789m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (January 2025)
Price change for 17 Queen Elizabeth Drive. Comprising 3 x 2 bedroom brick apartments on a single title with 3 under cover car-parks sitting on a large level 789m2 block. There is scope to capitally improve, and thereby improve the rental income. 5.2% gross return at the current asking price with three stable stable tenancies in lease. A rare find in a location close to the university of New England and many handy amenities, including transport services and bus stop just outside across the road. Contact First National Armidale to arrange your inspection today!
Features:
* Brick 3 x 2 bedroom apartments, single freehold title
* Level and central block
* Electric kitchens and hot water
* Approx 800m to UNE college campus
* Harvey Norman Shopping Centre, service station, cafe, restaurants and laundromat adjacent proximity
* Wholechild Childcare centre across the road
* Unit 1 in lease til 16th May 2024 pays $240 p/w
* Unit 2 in lease til 20th Oct 2024 pays $230 p/w
* Unit 3 in lease til 19th Jan 2025 pays $240 p/w
Property History for 17 Queen Elizabeth Dr, Armidale, NSW 2350
- 29 Nov 2024Sold for $677,000
- 23 Oct 2024Listed for Sale $695,000
- 21 May 2024Listed for Sale Not Disclosed
Recent sales nearby
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0About Armidale 2350
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 13,876 properties. Over the last 5 years, Houses in Armidale have seen a 78.69% increase in median value, while Units have seen a 83.12% increase. As at 31 July 2026:
- The median value for Houses in Armidale is $627,129 while the median value for Units is $442,333.
- Houses have a median rent of $510 while Units have a median rent of $370.
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