2/80-92 Queen Elizabeth DriveArmidale NSW 2350
Property Details for 2/80-92 Queen Elizabeth Dr, Armidale
2/80-92 Queen Elizabeth Dr, Armidale is a 1 bedroom, 1 bathroom Unit and was built in 2005. The property has a land size of 16134m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Last Listing description (October 2018)
At under $100,000 this unit presents an excellent opportunity for both seasoned and first-time investors to build a property portfolio without an overwhelming outlay.
With its recent upgrade the unit has a potential return of $180 $185 per week in rent representing an impressive 9.85% - 10.13% gross return on investment.
This newly refurbished one-bedroom apartment is located in the Sunnycove over 55 s complex.
It has been freshly painted and has new carpets throughout and has had all maintenance jobs recently attended to.
The unit has a spacious robe in the bedroom, reverse cycle air conditioning and a ceiling fan. It is surrounded by well-maintained lawns and gardens and overlooks a wonderful rose garden.
The unit is located only minutes away from the Girraween Shopping Complex which has a vibrant mix of popular cafes a, restaurants and retailers. Hospital and health care providers are also close by and a bus stop is located immediately out the front of the complex.
As part of the Sunnycove community, residents not only enjoy being part of the village life, and access to the facility s recreation amenities.
As an investor your will have the security of 24-hour on-site management keeping an eye on your property.
Property History for 2/80-92 Queen Elizabeth Dr, Armidale, NSW 2350
- 08 Oct 2018Sold for $85,000
- 17 Jul 2018Listed for Sale $87,500
- 16 Aug 2017Listed for Sale $78,000 SOLD
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 13,869 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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