Thinking about buying in Armatree? Now could not be a better time, with just 116 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,545,000 with prices in this suburb ranging from $18,000 to $3,387,000. The aproximate distance to the coast is 328 Km.
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In Armatree there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Armatree is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Armatree 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 Armatree 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.
Gulargambone Central School
(While the above schools are located with the suburb of Armatree there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
27-08-2024 | $605,000 | 8 MERRIGAL ST |
28-03-2024 | $90,000 | 3 ARMATREE ST |
07-09-2023 | $2,323,000 | 243 HUBBARDS RD |
24-07-2023 | $2,975,000 | 2589 COLLIE-BOURBAH RD |
20-12-2022 | $105,000 | 9 ARMATREE ST |
20-01-2022 | $1,150,000 | 8 MERRIGAL ST |
02-10-2020 | $12,500 | 45 CURBAN ST |
15-09-2020 | $1,018,658 | 2523 BERIDA-BULLAGREEN RD |
15-05-2020 | $50,000 | 10 ARMATREE ST |
20-12-2019 | $2,240,000 | 444 ARMATREE RD |
20-12-2019 | $1,310,000 | 110 ROSSMUIR RD |
04-11-2019 | $55,000 | 50 MYALL ST |
03-07-2019 | $1,550,000 | 232 FERGUSONS RD |
27-08-2018 | $4,000 | 1 WILGA ST |
28-06-2018 | $2,440,000 | 911 ARMATREE RD |
08-03-2018 | $50,000 | 8 ARMATREE ST |
31-10-2016 | $360,920 | 1445 NATIONAL PARK RD |
30-06-2015 | $835,000 | 37 FERGUSONS RD |
17-04-2015 | $856,500 | 431 YARRANDALE RD |
28-11-2014 | $584,301 | 200 HODGES RD |
02-09-2014 | $270,000 | 208 HODGES RD |
14-01-2013 | $380,000 | 3788 CASTLEREAGH HWY |
28-06-2012 | $1,757,858 | 401 GULAR RAIL RD |
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