Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Armidale › Brown St

184 Brown St, Armidale NSW 2350

For saleHouse for Sale

$510,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

1,012 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $510,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $510,000(Listing record · 1 July 2026)
  • CalculationLand 1,012 m² against a 90 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationIf it leased at Armidale's advertised median rent ($463/wk), implied gross yield would be 4.72% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$510,000

Asking · $504/m² of land

No recorded sale for this property.

Armidale at a glance

24,519

People

No data

Median sale

$463/wk

Median rent

No data

Suburb gross yield

See the full Armidale report →

Total cost to purchase

Purchase Price
$510,000
Stamp Duty (New South Wales)
$17,362
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$531,229

$21,229 on top of the price (4.2% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Armidale's advertised median rent — not a rent for this listing.

Net yield
3.22%
Annual cashflow (pre-tax)
$-10,094
Interest cover (DSCR)
0.62
Annual rent
$24,076
Operating expenses
$7,650
Loan amount
$408,000
Annual interest
$26,520
Gross yield
4.72%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$510,000available1 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $463/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Armidale in one glance

Armidale at a glance

24,519

People

No data

Median sale

$463/wk

Median rent

No data

Suburb gross yield

See the full Armidale report →

Keep researching

  • Why Armidale? Read the area thesis →
  • What else is on the market in Armidale →
  • Other records on Brown St →

Listing material

Listed by For Sale By Owner

Character Cottage Charm on a Generous Quarter-Acre - Renovated & Ready to Move In

The Phone Code for this property is: 24301. Please quote this number when phoning or texting.

Beautifully updated and rich in character, 184 Brown Street offers a rare opportunity to secure a renovated three-bedroom cottage on a substantial 1,012m² block in one of Armidale's established and tightly held original streets. Combining historic charm with modern comfort, this home is perfectly suited to first-home buyers seeking space, personality, and long-term value.

Originally part of one of Armidale's earliest residential allotments, the site reflects the simplicity and craftsmanship of late-19th century cottage construction. Today, that heritage character remains visible in its classic cottage proportions, enhanced by thoughtful renovations that bring the home firmly into the present.

Read the full description

Inside, the home features a warm and inviting layout with hardwood timber floors, a newly installed fireplace, and refreshed interiors throughout. The living area flows through to a practical kitchen and dining space, creating an easy, functional environment for everyday living. Accommodation includes three well-proportioned bedrooms and a large bathroom, offering immediate comfort.

Outdoor living is a standout feature. A wide front verandah adds to the home's street appeal, while the expansive backyard provides exceptional space for pets, entertaining, gardening, future opportunities, or simply enjoying the openness that a quarter-acre block delivers.

Additional features include a chicken coop, single carport, secure garage and garden shed, providing excellent storage and practicality

Positioned close to schools, parks, the Armidale CBD, and local amenities, this home delivers convenience without compromising on space or character.

Whether you're stepping into the market for the first time, downsizing into something with charm, or seeking a well-located investment, 184 Brown Street represents a rare combination of history, renovation, and opportunity in one of Armidale's most recognisable streets.

The property is currently leased for $430 per week with the lease ending on 1/1/27.

Key Features

Fully renovated character cottage

Three bedrooms, one bathroom

1,012m² (quarter-acre) block

Hardwood timber floors throughout

Newly installed fireplace

Front verandah with classic cottage appeal

Spacious living and dining areas

Secure garage plus carport

Multiple garden sheds

Large backyard with future potential (STCA)

Convenient location close to CBD, schools, and amenities

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by For Sale By Owner (NSW), For Sale By Owner — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Shed
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.