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Back 3/15 Queen Elizabeth Dr
Off Market

3/15 Queen Elizabeth Dr

Armidale NSW 2350

2
1
1
Unit
Last sold for $320,000
Paul SchmudePaul Schmude, last sold this property on 12 May 2026 after 82 days on market.

Overview

3/15 Queen Elizabeth Drive

Low-Maintenance Unit with Long-Term Tenant - Strong Investment Opportunity Set away from the road in a well-kept complex of just three, this tidy two-bedroom unit presents an outstanding set-and-forget investment in a convenient Armidale location. Built in 1980 and positioned on a generous 969 sql block (complex size), the property offers practical, low-maintenance living with reliable rental income already in place. Inside, the unit features two comfortable bedrooms, a functional bathroom, and a lockable single garage. The layout is straightforward and easy to maintain, making it ideal for investors or future owner-occupiers seeking a manageable property in a proven location. A long-term tenant is currently in place and would very much like to remain, providing immediate continuity and income. The property is presently returning $305 per week, making it a smart addition to any portfolio. Features include: 2 good-sized bedrooms 1 bathroom Lockable single garage Set back from the road for added privacy Well-kept complex of only 3 units Long-term tenant in place wishing to stay Currently rented at $305 per week, Strata approx. $1,100 per quarter Low-maintenance, easy-care investment For further details or to arrange an inspection, contact Paul Schmude - 0417 653 754. Disclaimer: All information contained here is gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Armidale over the last 12 months, the estimated median property value of 3/15 Queen Elizabeth Dr is $390k.

Median value
$390k
Estimated value range
$282k - $475k
Median days on market
36
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Armidale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/15 Queen Elizabeth Dr

2026
Sold
$320,000
12 May 2026 by Paul Schmude, of Armidale Town & Country Real Estate
2021
Sold
$230,000
Private Sale/Treaty on 02 Feb 2021 by Michael Singleton, of Armidale Town & Country Real Estate
2018
Rented
Undisclosed
Leased on 08 Mar 2018 by Armidale Town & Country Real Estate

Happy sellers in Armidale

87%
87% of sellers in Armidale reported that their sale price either exceeded or met their price expectations.

Armidale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 103 reviews in Armidale over the last 12 months.

Local market activity for 2 bedroom units in Armidale

In the last 12 months, 6 two-bedroom units similar to 3/15 Queen Elizabeth Dr, have been sold.

This represents a 23% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

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Julie Schaefer

Julie Schaefer is an award winning recommended agent for Armidale.  They have 25 local sales and collected 13 local reviews across the last 12 months.

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