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Armidale Regional Council, NSW

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The Armidale Region is a local government area in New South Wales, Australia, located in the New England and Northern Tablelands regions. The LGA’s property market is dominated by detached houses, which account for majority of all sales. The market is considered to be stable, with house prices increasing steadily.

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The LGA has a strong economy based on agriculture, education, and government services. Professionals (23.3 %), Managers (14.7 %), Clerical and Administrative Workers (12.4 %), Labourers (11.9 %), and Community and Personal Service Workers (11.6 %) are the most prevalent professions in Armidale Regional.

The LGA is home to the University of New England, which is the largest university in regional Australia. The LGA also has a strong tourism industry, with a number of popular tourist destinations in the region.

Armidale economy is relatively stable and resilient, and has been able to withstand the impact of the global financial crisis. The typical weekly personal income for Armidale Regional residents aged 15 years and older is $561.

In Armidale Regional, 84.6 percent of occupied private homes are single detached houses, 8.9 percent are semi-detached, row or terrace houses, townhouses, etc., 5.2 percent are flats or apartments, and 0.5 percent are other dwellings.

The market is considered to be a good option for first home buyers, with the average house price sitting at around 3.5 times the average annual household income. Armidale is considered to be a good option for retirees, with a large percentage of the population aged over 65.

Discover the latest property market insights for Armidale suburbs via the interactive dashboard on this page.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Armidale Regional Council, NSW

What other property markets are there near Armidale Regional Council, NSW?

Armidale Regional Council is surrounded by 8 other council areas – Gwydir, Bellingen, Glen Innes Severn Shire, Uralla, Inverell, Kempsey, Nambucca, Clarence Valley.

How many people live in Armidale Regional Council, NSW?

There are approximately 29000 people living in roughly 13000 dwellings in total, with an average household size of 2.4.

What are current and planned infrastructure projects in Armidale Regional Council, NSW?

Notable infrastructure projects include Dumaresq Dam recreation facilities redevelopment, Armidale Creeklands Master Plan Armidale Creeklands Master Plan.

What major retailers are there in Armidale Regional Council, NSW?

The main retail centres are Armidale Mall, Armidale Central, Armidale Plaza.

What is the main industry in Armidale Regional Council, NSW?

Such sectors as Education and Training, Retail Trade, Health Care and Social Assistance make up the largest part of the employment.

What are the dominant demographic groups in Armidale Regional Council, NSW?

Among approximately 29000 people in Armidale Regional Council males and females make roughly 48% and 52% respectively. The median age of people is 36 years. Children aged 0-14 years account for approximately 18% of the population, and those aged 65+ years account for 17%.

How is unemployment rate trending in Armidale Regional Council, NSW?

Among approximately 13000 people employed, roughly 53% work full-time, 33% work part-time, and an estimated 8% are unemployed.

Suburbs/localities in this Local Government Area: Donald Creek 2350, Backwater 2365, Duval 2350, Ebor 2453, Bald Blair 2365, Enmore 2350, Baldersleigh 2365, Falconer 2365, Green Hills 2365, Guyra 2365, Hernani 2453, Hillgrove 2350, Jeogla 2350, Kellys Plains 2350, Kookabookra 2370, Llangothlin 2365, Lower Creek 2440, Lyndhurst 2350, Ben Lomond 2365, Oban 2365, Puddledock 2350, South Guyra 2365, Tenterden 2365, Thalgarrah 2350, Black Mountain 2365, Tilbuster 2350, Tubbamurra 2365, Wandsworth 2365, Wards Mistake 2350, Wollomombi 2350, Wongwibinda 2350, Boorolong 2350, Metz 2350, Briarbrook 2365, Brockley 2365, Brushy Creek 2365, Carrai 2440, Armidale 2350, Castle Doyle 2350, Aberfoyle 2350

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