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Suitable for following Buyer Brief
Strategy Type: Buy & Hold
Investment Hold Period: Minimum 5 years
End Goal: Passive Income + Wealth Building + Tax Savings
Active or Passive Investing: Passive with minimum maintenance and ongoing involvement
Acquisition Objective: Accumulate self sustaining properties in growth areas for easy hold and get some equity to buy another one in 2 years.
Location Highlights
Distance to CBD and Airport: Approximately 500 km north of Sydney, Armidale is easily accessible by road and offers a 1.5-hour drive to Tamworth Airport, providing regional connectivity.Shopping and Entertainment: The local shopping precinct offers a range of shops, boutiques, and eateries. Key retail hubs include the Armidale Plaza and the Centro Shopping Centre, while nearby cafes, galleries, and the Armidale Rural Museum add to the town's cultural charm.Education Precincts: Armidale is home to several high-performing schools and is a key location for higher education, with the University of New England offering diverse courses.Parks and Recreation: Enjoy the natural beauty of the New England region with parks such as the Armidale Arboretum and the picturesque Dangars Falls. The local council maintains green spaces, providing recreational facilities for families and sports enthusiasts.Hospitals and Medical Clinics: Armidale offers essential healthcare services, with the Armidale Hospital providing emergency and medical care, as well as a range of local medical clinics serving the community.Restaurants and Cafes: The town features a variety of dining options, from local favorites like The Welder's Dog Brewery to cozy cafes such as The Caffé. Many establishments pride themselves on sourcing local produce.Public Transport: Armidale is well-connected by a network of buses and offers convenient access to the New England Highway, providing a good link to regional towns. Armidale railway station is also a key transport hub for both freight and passenger services.Vacancy Rate: Known for its stable rental market, Armidale typically enjoys a relatively low vacancy rate, making it a good option for property investors.Supply and Demand: With growing interest in the town from both students and professionals, the demand for rental properties in Armidale remains strong, particularly around educational and employment hubs.Infrastructure Spending: Armidale is witnessing ongoing investments in infrastructure, including improvements to transport links, and public works aimed at enhancing the town's livability.Population: Armidale has a stable population, with a mix of families, university students, and retirees. The population is estimated to be around 25,000, with a moderate growth trend.Employment Hubs: Armidale is a center for education, health services, and agriculture. The University of New England is the region's largest employer, with other key employers including the Armidale Hospital and various agricultural-based businesses.
Recommended Due Diligence
Building & pest inspections, Title search, Flood, Bushfire, Easements, Soil type, Water & sewer, Stormwater, Dual Key compliance, Supply Demand stats review, Vacancy rates stats review, Contract review, Tenant agreement review.
Our Inner Circle membership includes Due Diligence, Search, Data Research, Strategy forming, and End to End Support.
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