FOR SALE
NEW $2,500,000

101-103 Koona Street
Albion Park Rail NSW 2527

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 2119m2
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Development Opportunity

101-103 Koona Street, Albion Park Rail NSW 2527 is a unique property offering two homes on two flat blocks in a waterfront position. With a total land size of 2119m2, this property presents an ideal development opportunity (STCA). The first home at 101 Koona features a 2-bedroom house on a 1031m2 block, while the second home at 103 Koona boasts a 4-bedroom house on a 1088m2 block. Both properties are currently tenanted with a combined rental return of $950 per week.
Investors will find this property attractive due to its potential for development and strong rental return. The proximity to parks, walking tracks along the lakeside, train station within three minutes' walk, and easy access to Albion Park Rail shops and public transport make it an appealing investment opportunity.
Property Features:
- Two homes on two flat blocks
- Waterfront position
- Total land size of 2119m2
- Ideal development potential (STCA)
- Rental return of $950 per week combined
The Location:
Approximately within a radius of five kilometers from the property are popular places such as:
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Property Details for 101-103 Koona St, Albion Park Rail

101-103 Koona St, Albion Park Rail is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2119m2. The place is currently for sale with First National Real Estate Albion Park.

Building Type
House
Land Size
2119m2

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About Albion Park Rail 2527

The size of Albion Park Rail is approximately 7.2 square kilometres. It has 15 parks covering nearly 4.6% of total area. The population of Albion Park Rail in 2011 was 7,001 people. By 2016 the population was 6,915 showing a population decline of 1.2% in the area during that time. The predominant age group in Albion Park Rail is 50-59 years. Households in Albion Park Rail are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion Park Rail work in a trades occupation. In 2011, 69.5% of the homes in Albion Park Rail were owner-occupied compared with 69.5% in 2016.

Albion Park Rail has 3,483 properties. Over the last 5 years, Houses in Albion Park Rail have seen a 64.86% increase in median value, while Units have seen a 57.46% increase. As at 31 October 2024:

  • The median value for Houses in Albion Park Rail is $811,882 while the median value for Units is $646,079.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Albion park rail on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Albion park rail.

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Suburb Insights for Albion Park Rail 2527

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Darren Mansell
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Alison Mansell
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First National Real Estate Albion Park
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