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Sold on 22 Oct 2024 for $369,000

1/540 Margaret Place
Lavington NSW 2641

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 474m2
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Property Details for 1/540 Margaret Pl, Lavington

1/540 Margaret Pl, Lavington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 474m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Lavington in the last 12 months.

Building Type
Unit
Land Size
474m2
Local Government
Albury City
Lot/Plan
1/SP41914

Last Listing description (October 2024)

Nestled in the serene embrace of a quiet, no-through street, 1/540 Margaret St in Lavington emerges as a rare offering for discerning individuals. This exclusive two-bedroom unit, one of only two on the block, presents an unparalleled blend of comfort & convenience, making it a coveted address for those who appreciate a peaceful life.

Step inside to discover a realm where functionality meets comfort. Each bedroom features built-in wardrobes and ceiling fans, ensuring a restful night's sleep. The full bathroom, complemented by a separate toilet, exudes a sense of convenience.

The kitchen is a haven for both the aspiring and seasoned chef, equipped with an electric oven, gas cooktop, and abundant cupboard space. The open-plan dining & living area, bathed in natural light, offers direct access to the backyard, seamlessly blending indoor comfort with outdoor charm.

Practicality is paramount in this thoughtfully designed space. A separate laundry with ample storage caters to everyday needs, while the gas heating and split-system cooling ensure year-round comfort.

Step outside to a secure, grassed yard, a private oasis for relaxation or entertaining. The convenience extends to a single lock-up garage with internal access, providing both security and ease.

For the astute investor, the market potential soars to $425 per week, promising a lucrative opportunity.

1/540 Margaret St is more than a residence; it's a lifestyle choice for those who seek balance and comfort. Don't miss the chance to make this townhouse your own.

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 History for 1/540 Margaret Pl, Lavington, NSW 2641

A timeline of how this property has performed in the market
Last Sold
$369,000
22 Oct 2024
Listed for Rent
$240/w
10 Feb 2017
  • 28 Oct 2024
    Sold for $368,000
  • 11 Oct 2024
    Listed for Sale $375,000
  • 22 May 2024
    Listed for Sale $347,000
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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 7,845 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 47 properties listed for sale, and 11 properties listed for rent in Lavington on OnTheHouse. According to CoreLogic's data, 362 properties were sold in the past 12 months in Lavington.

Suburb Insights for Lavington 2641

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Andrea Lever
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Param Singh
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Ray White Albury
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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.