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1-9 Northcott Street, Armidale$5.25m
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1-9 Northcott Street

Armidale, NSW 2350, Australia
$5m – $5.50m
4.66 ha

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About this property

Attention Developers! 70 LOT DA APPROVED SITE IN THRIVING REGIONAL TOWN This is Armidale's next major land release that is being offered as a vacant parcel of land with full DA approval for 70 Lots. The current zoning is R1 and total land size is 4.66 hectares or 11.51 acres with excellent access. The site is perfectly located surrounded by established homes in a family friendly area. The property enjoys amazing, elevated views to the west which will make these individual lots very attractive to purchasers once the subdivision is created. Vacant land in this location has been transacting for between $250,000 - $300,000. The site gentle slopes to the west with all services close by helping with costing. This in an amazing opportunity for a developer to secure this large parcel of land that is ripe for subdivision. Armidale has experienced major capital growth over that past four years and there are multiple driving factors to this growth making land in short supply. For further details on Armidale's next major land release contact the selling agent 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 Details

Property Type
land
Listing Type
For Sale
Land Area
4.66 ha
Listed
3 months ago

Repayment calculator

$25,452/month
$12,726 /fortnight
Loan $4,200,000 at 6.10% over 30 years

Upfront costs

Deposit$1,050,000
Stamp duty$300,759
Conveyancing (est.)$2,000
Total upfront$1,352,759
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Armidale

This land in Armidale, NSW 2350 sits within reach of public transport, local shops and nearby schools. It is listed 961% above the $495,000 median of 71 comparable landswithin 5 km.

Schools near Armidale

  • New England Girls' Schoolcombined · K-12 · CoEd
  • OneSchool Global NSW - Armidalecombined · 3-12 · CoEd
  • PLC Armidalecombined · K-12 · Girls
  • The Armidale Schoolcombined · K-12 · CoEd
  • The Armidale Waldorf Schoolcombined · K-11 · CoEd
  • Armidale City Public Schoolprimary · K-6 · CoEd

What's nearby

  • Erskine St opp O'Dell St (bus)173 m away
  • Florista424 m away
  • P G Love Park551 m away
  • Creeklands607 m away
  • West Creeklands683 m away

Armidale at a glance

Full suburb profile
Population
23,967
Median age
36
Household income
$1,432/wk
Median rent
$290/wk
Median mortgage
$1,500/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Armidale price trend

Median sold · House 3 bed

Compound growth +8.4% / yr over 4 yrs

$560kcurrent median

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1 price change recorded for this property

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