This project can have a duplex or Dual Occupancy design built on it. With the duplex the two houses will be subdivided so you have the opportunity to potentially gain $100k instant equity on completion.

Armidale, NSW 2350 is a vibrant suburb with a diverse population of approximately 24,000 residents. The suburb has a balanced age distribution, with a significant number of young adults aged 20-24 and families with children aged 5-19. The median household income is moderately high, and the majority of residents work in managerial, professional, and technical occupations. The suburb offers various commuting options, with a notable number of residents working from home. With a median house price below $525,000, Armidale presents an affordable market for both homebuyers and property investors. The suburb has shown steady growth in property prices over the past decade, making it an attractive location for long-term investment. The rental market is strong, with a low vacancy rate and high rental demand. The educational advantage of students in government schools is relatively moderate, offering potential opportunities for property development targeting families. Armidale, NSW 2350 offers a mix of affordability, strong growth potential, and a supportive rental market. Its diverse demographics, educational opportunities, and convenient commuting options make it an appealing choice for residents seeking a balanced lifestyle. For property investors, the suburb's steady growth in property prices and high demand for rentals indicate promising investment prospects, especially for those interested in long-term returns.