Back 40 Spearmount Drive
Off Market

40 Spearmount Drive

Armidale NSW 2350

767 m²
Land
Last sold for $235,000
Kyle GarrahyKyle Garrahy, last sold this property on 03 December 2025 after 27 days on market.

Overview

Prime North Armidale Land Opportunity

Situated in Armidale's sought-after North Armidale precinct, this generous 767m² parcel of land at 40 Spearmount Drive offers an outstanding opportunity to create your dream home in a peaceful, established neighbourhood. Positioned in a quiet street surrounded by quality homes, the block provides ample space and versatility for a variety of modern home designs or an astute investment project. With its tranquil, family-friendly setting and close proximity to Ben Venue School, the UNE campus, and scenic North Hill parklands, 40 Spearmount Drive presents an ideal opportunity to secure your place in one of Armidale's most desirable residential areas. Ready to lodge, proposed main dwelling + granny flat floor plan included on sale. *We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.*

Features

767 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Armidale over the last 12 months, the estimated median property value of 40 Spearmount Drive is $245k.

Median value
$245k
Estimated value range
$180k - $510k
Median days on market
92
Estimated value trend
11%
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 40 Spearmount Drive

2025
Sold
$235,000
Private Sale/Treaty on 03 Dec 2025 by Kyle Garrahy, of Professionals Armidale

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 98 reviews in Armidale over the last 12 months.

Local market activity for land plots in Armidale

In the last 12 months, 16 land plots similar to 40 Spearmount Drive, have been sold.

This represents a 35% increase in land plots sales when compared to the previous 12 months.

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