OFF MARKET

1/416 Reservoir Road
Lavington NSW 2641

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 916m2
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Property Details for 1/416 Reservoir Rd, Lavington

1/416 Reservoir Rd, Lavington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 916m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1980
Floor Size
73m2
Land Size
916m2
Local Government
Albury City
Lot/Plan
1/SP30016

Last Listing description (December 2021)

With only two on the block and located in a desirable, well established area within close proximity to parks, schools and shops this home will appeal to the first home buyer, downsizer and investor!

Comprising two generous sized bedrooms both inclusive of built in robes, the convenience of two way access to the updated bathroom from the main bedroom is an added bonus. The laundry is separately appointed.

Spacious open plan living and dining area complete with a study nook, has the comfort of gas heating and air conditioning leading through to the modern kitchen which is equipped with electric cooking appliances and plenty of storage.

Outdoors offers a private, secure yard, a lock up garage with an additional off street car space.

With a rental estimate of $350 per week and with nothing needing to be done, this is a great opportunity for the investor but would also be the perfect place to call home!

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Property History for 1/416 Reservoir Rd, Lavington, NSW 2641

A timeline of how this property has performed in the market
Last Sold
$290,000
17 Dec 2021
Listed for Rent
22 Dec 2020
  • 17 Dec 2021
    Sold for $290,000
  • 24 Nov 2021
    Listed for Sale ONLINE AUCTION
  • 17 Dec 2020
    Listed for Rent - Price not available
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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 7,854 properties. Over the last 5 years, Houses in Lavington have seen a 79.96% increase in median value, while Units have seen a 79.30% increase. As at 31 October 2024:

  • The median value for Houses in Lavington is $442,184 while the median value for Units is $323,686.
  • Houses have a median rent of $460 while Units have a median rent of $340.
There are currently 54 properties listed for sale, and 14 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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