SOLD
Sold on 24 Jun 2024 for $785,000

516 Kotthoff Street
Lavington NSW 2641

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1232m2
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Property Details for 516 Kotthoff St, Lavington

516 Kotthoff St, Lavington is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1232m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Lavington in the last 12 months.

Building Type
House
Land Size
1232m2
Local Government
Albury City
Lot/Plan
20/DP26921

Last Listing description (March 2019)

Attention: First Home Buyers/Developers
* This comfortable text-brick home offers charm, character, and versatility and is set on a huge 1,222 sqm block that is just perfect for further development
* Offering a separate lounge room, 3 bedrooms, bathroom and laundry combined, generous kitchen/dining area with ample cupboard space, gas heating, and ducted evaporative cooling

* Single carport plus lock-up shed, and a separate workshop, handy second outdoor toilet, huge rectangular flat block comprising 1,227 square metres
* Also coming with the property is Albury City Council Development Approval (DA) for a 3 x 2 bedroom townhouse development, additional to the existing home
* This property also offers affordable family living and is currently tenanted until May 2019, ideally located within walking distance of Lavington Shopping Centre, local schools and transport routes
This is a perfect opportunity for first home buyers or for developers to invest in a property with so much to offer, with scope to improve by adding your own personal touch, or to DEVELOP now or in the future and reap the benefits and rewards down the track. Definitely a case of 'First in Best Dressed'.

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Property History for 516 Kotthoff St, Lavington, NSW 2641

A timeline of how this property has performed in the market
Last Sold
$785,000
24 Jun 2024
Listed for Rent
$245/w
15 May 2018
  • 24 Jun 2024
    Sold for $785,000
  • 26 Mar 2019
    Sold for $265,000
  • 01 Dec 2018
    Listed for Sale Sold - $265,000
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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 7,823 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 12 properties listed for rent in Lavington on OnTheHouse. According to CoreLogic's data, 363 properties were sold in the past 12 months in Lavington.

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