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Sold on 22 Nov 2024 for $265,000

15/562 Union Road
Lavington NSW 2641

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 2258m2
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Elders Real Estate Albury / Wodonga
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Property Details for 15/562 Union Rd, Lavington

15/562 Union 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 2258m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Lavington in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
70m2
Land Size
2258m2
Local Government
Albury City
Lot/Plan
15/SP44441

Last Listing description (December 2024)

Perfectly positioned for easy access to local shopping and amenities, this two bedroom unit is ideal for first-home buyers or savvy investors.

Offering a cozy yet functional layout with two comfortable bedrooms, both with built-in robes providing plenty of storage, while the bathroom offers both a bath and shower with a vanity for storage of personal items and updated tiling.

The open-plan kitchen and living area flow effortlessly together, creating a space where you can cook, entertain, or just unwind. The kitchen offers a sleek ceramic cooktop, an under-bench electric oven, and a provision for a dishwasher, making meal prep a breeze. With plenty of bench and cupboard space, you'll never feel short on storage. And no matter the season, the split system in the living area ensures you'll stay comfortable year-round.

The interior is complete with soft carpeting in the lounge and bedrooms, and easy-to-clean tiles in the high-traffic areas while the added convenience of a carport means your vehicle is always protected.

For investors, the rental potential of $310 per week makes this a solid addition to your portfolio.

Whether you're looking to break into the property market or expand your investments, this Lavington unit the ground floor unit privately positioned at the rear of the complex offers a little bit of everything.

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Property History for 15/562 Union Rd, Lavington, NSW 2641

A timeline of how this property has performed in the market
Last Sold
$265,000
22 Nov 2024
Listed for Rent
$165/w
18 Nov 2014
  • 22 Nov 2024
    Sold for $265,000
  • 30 Sep 2024
    Listed for Sale $285,000
  • 18 Aug 2016
    Sold for $107,000
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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 7,880 properties. Over the last 5 years, Houses in Lavington have seen a 76.45% increase in median value, while Units have seen a 84.60% increase. As at 30 November 2024:

  • The median value for Houses in Lavington is $446,440 while the median value for Units is $332,163.
  • Houses have a median rent of $465 while Units have a median rent of $350.
There are currently 36 properties listed for sale, and 20 properties listed for rent in Lavington on OnTheHouse. According to CoreLogic's data, 374 properties were sold in the past 12 months in Lavington.

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