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Lot A Galloway Street, Armidale NSW
Armidale, NSW, 2350$ 736,000
Overview
Property ID: LA-13433
- Dual Occupancy
- Property Type
- 3+3
- Bedrooms
- 1+1
- Bathrooms
- 1
- Cars
- 137
Details
Updated on May 08, 2025 at 12:04 pm
Property Type: | Dual Occupancy |
---|---|
Price: | $ 736,000 |
Land Price: | $ 245,000 |
Build Price: | $ 491,000 |
Gross Per Week: | $ 900 |
Gross Per Annum: | $ 46,800 |
Gross Yield: | 6.36% |
Capital Growth 12 Months: | -1.22% |
Capital Growth 10 Year Annualised: | 3.56% |
Vacancy Rate: | 2.00% |
Property Size: | 137 m2 |
Land Area: | 557 m2 |
---|---|
Bedrooms: | 3+3 |
Bathrooms: | 1+1 |
Parking: | 1 |
Title Status: | TBA |
Property ID: | 13433 |
SKU: | 1005 |
Description
This Dual Occupancy property is a house and land package located in Armidale, NSW, featuring the Azalea 137 home design on a 557.80 sqm lot. It includes 3 bedrooms and 3 bathrooms with 1 carport. The property is priced at $736,000 with a projected rental income of $900 per week.
Suburb profile:
Armidale is a regional city in the Northern Tablelands of New South Wales, known for its prestigious schools, university, and cool climate. It offers a blend of historic charm and modern facilities, making it attractive to families, students, and professionals.
- Full Turn-Key Package
- High Quality Inclusions
- Contemporary Colour scheme
- Open-plan living
- 6 year Structure Guarantee
This is a high-yield Dual Occupancy investment property in Armidale, offering a 3-bedroom, 3-bathroom home with a carport. Its strong rental return makes it an appealing option for investors.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.