50A/50B Rockvale RoadArmidale NSW 2350
Property Details for 50a/50b Rockvale Rd, Armidale
50a/50b Rockvale Rd, Armidale is a 5 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 851m2.
Last Listing description (December 2023)
High cash flow dual income investment!
This spacious weatherboard home and detached granny flat are positioned in an excellent location in North Armidale. The potential combined rent is $680 - $700 per week showing excellent returns. The main house has four bedrooms, 2 bathrooms and 2 living areas and a sunroom. The granny flat is fully self-contained and detached from the main house. The big back yard is fully fenced and has garden sheds, brick BBQ and lovely established gardens.
Other features include:
Four bedrooms and two bathrooms in the min house
Separate granny flat that is currently leased
Potential rental yield of $680 - $700 per week
Spacious kitchen with gas cooking and north facing family room
Enclosed front veranda and formal living area
Granny flat with kitchenette, bedroom and ensuite
Single garage, carport, work shed
A large block approximately 851sqm fully fenced
Close to Ben Venue and North hill stores, this home offers room to move inside and outside with two incomes. For further details and inspections contact Jeremy Creagan on 0401 508 801.
*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*
Property History for 50a/50b Rockvale Rd, Armidale, NSW 2350
- 10 Nov 2023Listed for Sale $520,000 - $570,000 Price Guide
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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 13,885 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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