FOR SALE
$739,000

1&2/418 Mcdonald Road
Lavington NSW 2641

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Land area: 880m2
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Unique Opportunity in Lavington

Investors take note of this incredible opportunity to purchase two houses in Lavington!
Situated on a large corner block and surrounded by a variety of schools, parks and various other amenities, the houses are perfectly located in Lavington's centre and just a short drive to Albury CBD.
Both properties offer 3 well-sized bedrooms, large living areas, functional kitchens, full bathrooms and ample natural lighting. The homes also feature large, low-maintenance backyards, undercover entertaining areas and plenty of heating and cooling throughout.
Both units have been recently renovated with unit one featuring new carpets, blinds and freshly painted throughout.
Unit two offers plenty of storage with a garden shed in the backyard.
Both properties are currently tenanted with a combined rental income of $820 per week making this a fantastic return on investment and a savvy choice for any investor.
All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details for 1&2/418 Mcdonald Rd, Lavington

1&2/418 Mcdonald Rd, Lavington is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 880m2. The place is currently for sale with Ray White Albury Central.

Building Type
House
Land Size
880m2

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About Lavington 2641

The size of Lavington is approximately 14.8 square kilometres. It has 11 parks covering nearly 3.2% of total area. The population of Lavington in 2011 was 12,031 people. By 2016 the population was 12,493 showing a population growth of 3.8% in the area during that time. The predominant age group in Lavington is 20-29 years. Households in Lavington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lavington work in a trades occupation. In 2011, 60.8% of the homes in Lavington were owner-occupied compared with 58.1% in 2016.

Lavington has 7,858 properties. Over the last 5 years, Houses in Lavington have seen a 88.66% increase in median value, while Units have seen a 65.54% increase. As at 31 July 2024:

  • The median value for Houses in Lavington is $444,299 while the median value for Units is $320,391.
  • Houses have a median rent of $460 while Units have a median rent of $340.
There are currently 46 properties listed for sale, and 15 properties listed for rent in Lavington on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Lavington.

Suburb Insights for Lavington 2641

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Brent Booker
Show contact details
Alex Cables
Ray White Albury Central
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.