Armidale Regional CouncilEconomic profile
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Armidale Regional Council

Housing prices

At June 2016, the median house valuation in the Armidale Regional Council was $79,956 higher compared to New South Wales.

This indicator shows the value of houses and units in the Armidale Regional Council and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses New South Wales: $637,533 New South Wales: $569,226 New South Wales: $508,933 New South Wales: $457,239 New South Wales: $441,305 New South Wales: $438,564 Regional NSW: $415,366 Regional NSW: $386,543 Regional NSW: $374,611 Regional NSW: $351,644 Regional NSW: $342,479 Regional NSW: $341,117 Armidale Regional Council: $640,053 Armidale Regional Council: $606,042 Armidale Regional Council: $588,889 Armidale Regional Council: $584,842 Armidale Regional Council: $562,806 Armidale Regional Council: $533,151
Source: Hometrack 2011-2016, Housing Valuation System
Value of units
Value of units New South Wales: $614,575 New South Wales: $559,521 New South Wales: $496,521 New South Wales: $430,178 New South Wales: $423,410 New South Wales: $413,869 Regional NSW: $332,854 Regional NSW: $308,161 Regional NSW: $293,646 Regional NSW: $275,224 Regional NSW: $274,634 Regional NSW: $282,955 Armidale Regional Council: $652,212 Armidale Regional Council: $446,840 Armidale Regional Council: $475,079 Armidale Regional Council: $462,705 Armidale Regional Council: $468,747 Armidale Regional Council: $461,972
Source: Hometrack 2011-2016, Housing Valuation System
Median housing value
HousesUnits
Year (at June)Armidale Regional CouncilRegional NSWNew South WalesArmidale Regional CouncilRegional NSWNew South Wales
2011$533,151$341,117$438,564$461,972$282,955$413,869
2012$562,806$342,479$441,305$468,747$274,634$423,410
2013$584,842$351,644$457,239$462,705$275,224$430,178
2014$588,889$374,611$508,933$475,079$293,646$496,521
2015$606,042$386,543$569,226$446,840$308,161$559,521
2016$640,053$415,366$637,533$652,212$332,854$614,575

Source: Hometrack 2011-2016, Housing Valuation System.

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