SOLD
Sold on 16 Dec 2023 for $890,000

287 Borella Road
East Albury NSW 2640

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Floor area: 202m2
Land area: 2039m2
Sold By
Jessica Clark
Stean Nicholls Real Estate
Nicholas Clark
Stean Nicholls Real Estate
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Property Details for 287 Borella Rd, East Albury

287 Borella Rd, East Albury is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 2039m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom House sold in East Albury in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
202m2
Land Size
2039m2
Local Government
Albury City
Lot/Plan
C/DP409204

Last Listing description (December 2023)

Nestled in the heart of a thriving growth corridor, 287 Borella Road beckons with a remarkable development opportunity on an expansive 2,036m2 allotment. Boasting convenient rear lane access, this property opens up a world of possibilities.

Step into a home that effortlessly blends classic charm with modern convenience. Polished Murray pine floors, spacious living areas, and a well-appointed kitchen define the five-bedroom residence. Architectural details like extra-wide passages and ornate cornicing contribute to its unique character.

Versatility is key with ample shedding, including a stylish barn-style double bay shed, a chook shed, and secure garaging. The strategic positioning of the house at the front of the allotment allows for various options: extend and renovate the existing home, leverage the rear lane for subdivision and development, consider a new construction of impressive proportions (STCA), or simply make a strategic investment in one of Albury's fastest-growing areas. The property's proximity to Albury Base Hospital, IGA Supermarket, schools, and East Albury Sportsgrounds enhances its appeal.

Key Features:
Land Highlights:
Expansive 2,036m2 parcel with rear lane access
Ample shedding, including a double bay barn-style shed
Ideal northern orientation
Positioned within a major growth corridor
Walking distance to IGA, schools, hospital, and sports grounds

Home Features:
Spacious 5-bedroom layout
Ducted air conditioning for year-round comfort
Segregated lounge and family areas
Stylish entertainers' kitchen
Classic Murray pine floors
Scope for renovation or extension

This property, offering a myriad of options in a sought-after locale, is a compelling choice for the discerning investor or owner-occupant. Embrace the potential and make your mark in Albury's dynamic real estate landscape.

Property History for 287 Borella Rd, East Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$890,000
16 Dec 2023
Listed for Rent
$550/w
17 Mar 2023
  • 16 Dec 2023
    Sold for $890,000
  • 23 Nov 2023
    Listed for Sale Not Disclosed
  • 10 Feb 2023
    Listed for Rent $540 / week
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About East Albury 2640

The size of East Albury is approximately 12.3 square kilometres. It has 10 parks covering nearly 12.4% of total area. The population of East Albury in 2011 was 6,246 people. By 2016 the population was 6,099 showing a population decline of 2.4% in the area during that time. The predominant age group in East Albury is 30-39 years. Households in East Albury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in East Albury work in a professional occupation. In 2011, 63.7% of the homes in East Albury were owner-occupied compared with 62.7% in 2016.

East Albury has 3,525 properties. Over the last 5 years, Houses in East Albury have seen a 64.95% increase in median value, while Units have seen a 90.63% increase. As at 31 October 2024:

  • The median value for Houses in East Albury is $601,424 while the median value for Units is $387,366.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 21 properties listed for sale, and 3 properties listed for rent in East albury on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in East albury.

Suburb Insights for East Albury 2640

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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.