76 Markham Street, Armidale NSW 2350
76 Markham Street, Armidale NSW 2350
Split-level layout | walk-to-CBD location | solar-powered efficiency | established garden privacy
The property’s split-level design and 607m² block create a rare combination of spatial separation and low-maintenance land within walking distance to Armidale’s centre. The solar system and reverse-cycle air-conditioning reduce ongoing outgoings, while floorboards and an open fireplace add durable character. This house suits owner-occupiers wanting a central, energy-efficient home with room for children or pets, or investors targeting the strong 70% owner-occupier demographic in the street.
The rapid price increase from $410,000 in late 2024 to the current $565,000 listing signals recent speculation, and the two sales within 16 months suggest potential turnover risk. No bushfire or flood overlays reduce insurance costs, but the electric hot water system and lack of heritage protection mean future upgrades are optional. Hold this property as a long-term residence to capture Armidale’s steady demand for central 3-bedroom homes, or rent at $545/week for a 5% gross yield.
Detailed Independent Property Report prepared by PropCred Analyst team for 76 Markham Street, Armidale NSW 2350
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Armidale is a dynamic regional centre anchored by its university, driving robust demand from academic staff, students, and families. This has fuelled strong recent price appreciation and a competitive sales environment. Future growth is underpinned by sustained educational and professional employment, though affordability pressures and limited new supply present notable market constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
607m²
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