FOR SALE
$289,000

5/502 Alldis Avenue
Lavington NSW 2641

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Smart Investment with Immediate Rental Income - Act Fast!

Discover your next investment in this neat two bedroom unit, set within a convenient pocket of Lavington. Currently tenanted for $285 per week, offering immediate rental income, this low-maintenance property is the perfect addition to any portfolio.
The two spacious bedrooms come with built-in robes, while the master is equipped with a ceiling fan for added comfort. The open-plan living area is light-filled and includes a split system, ensuring year-round temperature control. The kitchen is well-equipped with electric cooking appliances and ample storage, including a pantry, providing both functionality and ease.
A clever combination of bathroom and laundry space maximizes the floorplan's utility, and outside, you'll find an allocated carport, ensuring convenient off-street parking. The location truly shines, situated just 550 metres from Lavington Public School, making it ideal for tenants with children. Local cafes, shopping options, and essential services are all within easy reach, allowing for a lifestyle of convenience.
If you're looking for a solid investment opportunity or a place to call home, this well-positioned unit offers both value and potential in a vibrant part of town. Don't miss out on securing a smart property in a growing market.
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 5/502 Alldis Ave, Lavington

5/502 Alldis Ave, Lavington is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Ray White Albury North.

Building Type
Townhouse

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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 84.81% increase in median value, while Units have seen a 64.73% increase. As at 30 September 2024:

  • The median value for Houses in Lavington is $437,846 while the median value for Units is $319,175.
  • Houses have a median rent of $460 while Units have a median rent of $340.
There are currently 58 properties listed for sale, and 23 properties listed for rent in Lavington on OnTheHouse. According to CoreLogic's data, 353 properties were sold in the past 12 months in Lavington.

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Suburb Insights for Lavington 2641

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Andrea Lever
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Param Singh
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Ray White Albury North
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