FOR SALE
$279,000

2/559 Kemp Street
Lavington NSW 2641

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Investment Opportunity!

This well presented solid brick unit is conveniently located within walking distance to Springdale Heights Tavern, Murray High School and Springdale Heights IGA.
Comprising two spacious bedrooms both inclusive of built in robes.
Updated open plan kitchen and living area has the comfort of reverse cycle split system heating and air conditioning with the kitchen equipped with electric cooking facilities and plenty of storage.
Bathroom/laundry with toilet separately appointed.
Outdoors you'll find an enclosed low maintenance courtyard which is complete with a carport.
With only three on the block and currently rented at $275 per week until Jan '25 and updated rental appraisal of $310 per week this is a great investment opportunity.
Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Property Details for 2/559 Kemp St, Lavington

2/559 Kemp St, Lavington is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Albury North.

Building Type
Apartment

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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 7,889 properties. Over the last 5 years, Houses in Lavington have seen a 84.79% increase in median value, while Units have seen a 66.15% increase. As at 31 August 2024:

  • The median value for Houses in Lavington is $436,798 while the median value for Units is $318,891.
  • Houses have a median rent of $460 while Units have a median rent of $340.
There are currently 46 properties listed for sale, and 20 properties listed for rent in Lavington on OnTheHouse. According to CoreLogic's data, 358 properties were sold in the past 12 months in Lavington.

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Mark Beale
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Ray White Albury North
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