240 Bundarra Road, Armidale, NSW 2350 | Property Value & History | OnTheHouse
OFF MARKET

240 Bundarra Road
Armidale NSW 2350

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 322m2
Land area: 416300m2
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Property Details for 240 Bundarra Rd, Armidale

Building Type
Rural
Year Built
1985
Floor Size
322m2
Land Size
416300m2
Local Government
Armidale Regional
Lot/Plan
133/DP755811

Last Listing description (May 2023)

The Cherrywood Homestead is conveniently located just 2km from Armidale on 103 outstanding acres in a private and protected setting. The elevated north easterly aspect provides uninterrupted views to Mt Duval and the greater surroundings. The sunlit home comprises a spacious architecturally designed double story brick residence. The design offers four bedrooms, three bathrooms, two living areas and a separate dining area. The north facing kitchen has a fantastic outlook and includes a breakfast bar. Attached to the home with internal access is a double car garage. The exclusive setting at Cherrywood is enhanced via the landscaped garden where the tennis court, bitumen driveway, stone walls and pathways, outdoor garden features, mature trees and shrubs create a secluded, warm homely environment.

The highly productive grazing acres have a proven level of performance when it comes to finishing prime grass fed cattle. The heavy basalt soils have been well fertilised and comprise well established pastures of Phalaris, Fescue and clovers. Working infrastructure includes an enclosed three bay colorbond shed with access for vehicles and trucks. A modern set of steel panel cattle yards are fitted with a vet crush and considered more than adequate to service the needs of the property. Fencing is in excellent condition with the majority having been renewed in recent years.

The high level of water security on Cherrywood is a standout feature. A naturally occurring spring which was once considered a possible supply source for the township of Armidale is equipped with a windmill which services the requirements of the garden and water for livestock. Additional water for livestock is provided from dams.

The sale of Cherrywood presents an opportunity for the discerning buyer to secure a hard to find executive residence that is truly a great place to call home.

Property History for 240 Bundarra Rd, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$1,975,000
13 Apr 2023
Listed for Rent
$700/w
10 Feb 2023
  • 13 Apr 2023
    Sold for $1,975,000
  • 05 Mar 2023
    Listed for Sale Auction April 13, 10:30am. Armidale Servies Club
  • 09 Jan 2023
    Listed for Rent $700 / week
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About 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 13,845 properties. Over the last 5 years, Houses in Armidale have seen a 77.63% increase in median value, while Units have seen a 45.16% increase. As at 30 April 2026:

  • The median value for Houses in Armidale is $612,609 while the median value for Units is $344,825.
  • Houses have a median rent of $500 while Units have a median rent of $370.
There are currently 41 properties listed for sale, and 21 properties listed for rent in Armidale on OnTheHouse. According to Cotality's data, 790 properties were sold in the past 12 months in Armidale.

Suburb Insights for Armidale 2350

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.