SOLD
Sold on 02 Aug 2024 for $452,000

8/616 Griffith Street
Albury NSW 2640

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 500m2
Land area: 116m2
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Property Details for 8/616 Griffith St, Albury

8/616 Griffith St, Albury is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 116m2 and floor size of 500m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Albury in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
500m2
Land Size
116m2
Local Government
Albury City
Lot/Plan
9/SP38087

Last Listing description (May 2024)

Enjoy all the benefits Albury has to offer in a convenient and premier location.

Positioned on level two, this well presented two-bedroom unit is located a comfortable five-minute walk to Albury's CBD. With a north/westerly-facing orientation and light filled rooms, this unit has an endless potential for those looking to add value in one of Albury's most sought-after locations.

The functional kitchen is fitted with electric cooking, dishwasher and large walk-in pantry. The kitchen features a breakfast bar which leads into a separate dining area, opening out to a comfortable lounge with elevated views from your own balcony. The two bedrooms are spacious with built in robes and can easily accommodate queen-size beds. The bathroom features a bath tub and shower as well as a separate toilet and laundry.

Car accommodation consists of a single carport, with a generous lock up storage shed.

Including the modern conveniences of air conditioning and heating, this unit offers a social lifestyle with minimum fuss, and offers close proximity to local transport, schools, parks, clubs and restaurants. With strong, proven rental returns, this unit is both a joy to live in, as well as offering great potential to the astute investor.

All these features combine to make it perfect for the downsizer, the investor seeking a set-and-forget package or the live-in buyer who favours the social lifestyle.

Features:
- 2-bedroom unit within easy walking distance to city centre
- Premier and popular residential city street
- Functional kitchen, dining area
- Large bedrooms with built in robes
- Split system air conditioner and heating
- Carport with lock up storage shed
- Well maintained gardens and surrounds
- Elevated views with individual balcony
- Ideal for retirees, first home buyers or investors
- Strong proven rental
- A great set and forget investment
- Currently long-term rental with an excellent tenant

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Property History for 8/616 Griffith St, Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$452,000
02 Aug 2024
Listed for Rent
$390/w
24 Jun 2021
  • 02 Aug 2024
    Sold for $452,000
  • 27 Feb 2024
    Listed for Sale Auction Saturday 23rd March at 11:00am
  • 09 Jun 2021
    Listed for Rent $390 / week
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About Albury 2640

The size of Albury is approximately 5.7 square kilometres. It has 17 parks covering nearly 30.8% of total area. The population of Albury in 2011 was 4,933 people. By 2016 the population was 4,795 showing a population decline of 2.8% in the area during that time. The predominant age group in Albury is 60-69 years. Households in Albury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Albury work in a professional occupation. In 2011, 57% of the homes in Albury were owner-occupied compared with 59.1% in 2016.

Albury has 3,989 properties. Over the last 5 years, Houses in Albury have seen a 71.40% increase in median value, while Units have seen a 105.55% increase. As at 31 October 2024:

  • The median value for Houses in Albury is $667,159 while the median value for Units is $449,746.
  • Houses have a median rent of $525 while Units have a median rent of $393.
There are currently 19 properties listed for sale, and 9 properties listed for rent in Albury on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Albury.

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