Thinking about buying in Armagh? Now could not be a better time, with just 255 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $446,000 with prices in this suburb ranging from $95,000 to $975,000. The aproximate distance to the coast is 53 Km.

Armagh Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Armagh due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Armagh leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Armagh the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Armagh

	LOT 112 BLYTH RD, ARMAGH, SA, 5453				$105,000
	151 ST GEORGES TCE, ARMAGH, SA, 5453	6	5	8	EOI Closing Midday 1 November 2024 (USP)
	94 EMU ROCK RD, ARMAGH, SA, 5453	4	2	2	Price Release $1,325,000
	460 BENBOURNIE RD, ARMAGH, SA, 5453	5	5	6	2200000

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General Points of Interest

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