Armatree, a small rural locality in the Gilgandra Shire of New South Wales, offers a unique housing market characterized by its quaint charm and affordability compared to urban areas. The housing options predominantly consist of modest single-family homes and farm properties, reflecting the area's agricultural heritage. In recent years, there's been a gradual interest in Armatree from those looking to escape the hustle and bustle of city life, resulting in a subtle uptick in property demand. However, the market remains relatively stable and accessible, making it appealing for first-time homebuyers and those seeking a peaceful rural retreat with ample space and community-focused living.
Living in Armatree offers a lifestyle steeped in simplicity and tranquility, where the pace is slower, and community ties run deep. The locality provides a close-knit community atmosphere, where residents engage in local events and support each other in typical country fashion. While amenities in Armatree itself are limited, the nearby town of Gilgandra offers essential services, shopping, and schools, ensuring that residents are not isolated from modern conveniences. The surrounding natural landscapes provide ample opportunities for outdoor activities, from farming to leisurely country walks. Overall, Armatree is ideal for those who cherish rural living and value the serenity and camaraderie of a small community.
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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.
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.
Instant Property ValuationGulargambone 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 Street |
28-03-2024 | $90,000 | 3 Armatree Street |
07-09-2023 | $2,323,000 | 243 Hubbards Road |
24-07-2023 | $2,975,000 | 2589 Collie-Bourbah Road |
20-12-2022 | $105,000 | 9 Armatree Street |
20-01-2022 | $1,150,000 | 8 Merrigal Street |
02-10-2020 | $12,500 | 45 Curban Street |
15-09-2020 | $1,018,658 | 2523 Berida-Bullagreen Road |
15-05-2020 | $50,000 | 10 Armatree Street |
20-12-2019 | $1,310,000 | 110 Rossmuir Road |
27-08-2018 | $4,000 | 1 Wilga Street |
08-03-2018 | $50,000 | 8 Armatree Street |
31-10-2016 | $360,920 | 1445 National Park Road |
30-06-2015 | $835,000 | 37 Fergusons Road |
17-04-2015 | $856,500 | 431 Yarrandale Road |
28-11-2014 | $584,301 | 200 Hodges Road |
02-09-2014 | $270,000 | 208 Hodges Road |
14-01-2013 | $380,000 | 3788 Castlereagh Hwy |
28-06-2012 | $1,757,858 | 401 Gular Rail Road |
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