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7 Salmon Avenue, Armidale$840,000
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For Salehouse

7 Salmon Avenue

Armidale, NSW 2350, Australia
$800,000 – $880,000
6 bed 4 bath 3 car980 m²

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About this property

With three residences cleverly constructed on a deep block in a prized neighbourhood, an incredible opportunity awaits a savvy investor or owner occupier looking for an additional income stream. A classic 1970s build, focusing on quality construction, the main residence boasts a choice of living areas, freshly painted interiors, two bathrooms and a recently renovated kitchen. The second residence offers two large bedrooms with built ins and a back terrace overlooking a peaceful and private back yard. A third residence is a neat and tidy studio with bathroom, perfect for visiting family and friends. With strong income potential and further opportunities to add value (STCA) and set in a sought-after pocket with shops, schools and parks all close by, this impressive asset is a rare find. - Low maintenance double brick construction - Tightly held street in sought after neighbourhood - Current Rental $800 per week - 2 lock up garages - Potential to add further value STCA - Affordable living with rental yield - Spacious open plan living, dining and kitchen - Additional two living areas for growing family - Second living opens onto peaceful terrace - 3 bedrooms, 2 with built-in wardrobes - Recently renovated kitchen, ample bench space - Gas heating and 2 reverse cycle air con units - Two bathrooms, one with bath, separate toilet - Oversized laundry, storage and additional toilet - Security camera system, plentiful storage throughout Residence 2 - 2 large bedrooms, both with built-ins - Spacious kitchen with electric stove - Bathroom with separate toilet - Large laundry with external access -Spacious studio with bathroom Disclaimer: We have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
4
Parking
3
Land Area
980 m²
Listed
2 days ago

Repayment calculator

$4,072/month
$2,036 /fortnight
Loan $672,000 at 6.10% over 30 years

Upfront costs

Deposit$168,000
Stamp duty$28,454
Conveyancing (est.)$2,000
Total upfront$198,454
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 6-bedroom house in Armidale, NSW 2350 sits within reach of public transport, local shops and nearby schools. It is listed 45% above the $577,500 median of 66 comparable houseswithin 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

  • Markham St after Dumaresq St (bus)1.7 km away
  • New England Locksmiths1.2 km away
  • Central Park743 m away
  • St Ursula's College Sportsground1.1 km away
  • Curtis Park1.1 km 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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Price history

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1 price change recorded for this property

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