Armidale - New England Region NSW
Several significant projects are boosting confidence in Armidale’s economy and property market.
There have been upgrades to the airport and hospital while the Metz Solar Farm, touted to be the largest solar farm in New South Wales, has been approved.
The Walcha Energy Project, claimed to one of the largest renewable energy projects in Australia, will occur about 60km south of Armidale.
The new Malpas Dam pipeline to Guyra will improve water security, encouraging agricultural businesses to expand.
Armidale’s economy is diverse, sustained by education, tourism and agriculture.
House price growth has been steady over the past seven years and solid rental yields are on offer.
Another encouraging factor is the relocation of government departments from Canberra to Armidale.
Located on the New England Highway and with regular train services and daily flights to Sydney, Armidale has good connectivity for both freight and passengers.
This report covers the town of Armidale.