61 Markham StreetArmidale NSW 2350
Property Details for 61 Markham St, Armidale
61 Markham St, Armidale is a 3 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 1009m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (June 2021)
This is a high cash flow investment showing a strong and reliable return of $659.33 per week, providing a return of 7.15% return at the asking price. Armidale is a thriving regional hub with low vacancy rates and strong property market. This property would make a perfect addition to any property portfolio. Features of 61 Markham Street include: - Positioned between the city center of Armidale the University of New England- Well presented units with nothing to do- Broken down into three one bedroom units - Unit 1 $189.33 per week leased until 8/02/22 - Unit 2 $220 per week leased until 21/07/21 - Unit 3 $250 per week leased until 13/01/22 - Separately metered for power owner pays water usage - 999.2m2 flat block easy to look after For further details or to arrange a private viewing of this excellent investment property 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 61 Markham St, Armidale, NSW 2350
- 20 Apr 2021Sold for $445,000
- 26 Feb 2021Listed for Sale $459,000
- 25 May 2013Listed for Rent $160 / week
Recent sales nearby
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0About Armidale 2350
The size of Armidale is approximately 268.8 square kilometres. It has 41 parks covering nearly 2.3% of 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 13,841 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.
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