SOLD
Sold on 09 Oct 2024 for $577,500

500 Karoola Place
Lavington NSW 2641

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 307m2
Improve this data
Sold By
Stean Nicholls
Share
Save

Property Details for 500 Karoola Pl, Lavington

500 Karoola Pl, Lavington is a 3 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 307m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Lavington in the last 12 months.

Building Type
Unit
Land Size
307m2
Local Government
Albury City
Lot/Plan
2/SP103429

Last Listing description (October 2024)

This unique and purpose-built residence presents an exceptional investment opportunity. Conveniently located, within close proximity to a range of schools, Vinn's Takeaway and multiple parks.

The floor plan consists of three separate living quarters that are currently tenanted individually under the one lease. Each space is equipped with its own kitchenette, bedroom and bathroom facilities. In addition to this, the property boasts three distinct outdoor spaces, allowing each of the tenants to enjoy their own private outdoor space.

Modern conveniences include split system air conditioning, and a double lock-up garage, complete with remote control and internal access.

As an investment, this residence has proven itself a promising rental return. With a current rent return of $660 per week and due to be increased to $670 in October with a further increase to follow the next year.

The existing tenant is secured on a fixed-term lease until November 2025, providing peace of mind and a reliable, hassle-free income stream.

The unique layout of this property is in high demand in the Albury Wodonga region. This property is not just a place to live but a smart investment, combining modern amenities with a prime location and flexible living arrangements.

Features Include:
- 3 self-contained units/living quarters
- Separate kitchenettes with gas cooktop cooking
- Separate private outdoor spaces
- Split system air conditioner and heating
- Double lock up garage with internal access
- Ideal for investors
- Strong proven rental with room to increase

Show More

Property History for 500 Karoola Pl, Lavington, NSW 2641

A timeline of how this property has performed in the market
Last Sold
$577,500
09 Oct 2024
Listed for Rent
$360/w
23 May 2022
  • 09 Oct 2024
    Sold for $577,500
  • 29 May 2024
    Listed for Sale Not Disclosed
  • 07 Apr 2022
    Listed for Rent $360 / week
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 48 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.

Lavington Profile Page

Suburb Insights for Lavington 2641

Visit Lavington profile page
Market Insights
Lavington Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Lavington Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Lavington profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED