SOLD
Sold on 30 Sep 2024 for $335,000

2/509 Union Road
North Albury NSW 2640

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 864m2
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Property Details for 2/509 Union Rd, North Albury

2/509 Union Rd, North Albury is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 864m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in North Albury in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
73m2
Land Size
864m2
Local Government
Albury City
Lot/Plan
2/SP35823

Last Listing description (November 2024)

Presenting a wonderful opportunity to purchase a pair of units in a convenient location nearby to Lavington services but also offering ease of access to Albury CBD.

Sitting on a generous allotment of approximately 863m2, the stand alone properties have wonderful long term tenants of 10 and 15 years who would love to remain on.

The strata titled properties further feature:

- Two bedrooms; each with built-in robes.
- Large open plan living area.
- Practical kitchen with gas cooking.
- Full main bathroom with separate toilet and laundry.
- Gas heating and air conditioning.
- Single lock-up garage.
- Each property is tenanted at $260 per week with scope to increase.

Council Rates: $1,174.76 approximate per annum, per property
Water Rates: $855.25 approximate per annum plus consumption, per property

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Property History for 2/509 Union Rd, North Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$335,000
30 Sep 2024
Listed for Rent
$185/w
25 Sep 2009
  • 30 Sep 2024
    Sold for $335,000
  • 15 Jul 2024
    Listed for Sale $670,000
  • 02 Sep 2009
    Listed for Rent $185 / week
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About North Albury 2640

The size of North Albury is approximately 5.9 square kilometres. It has 15 parks covering nearly 15.9% of total area. The population of North Albury in 2011 was 5,976 people. By 2016 the population was 6,045 showing a population growth of 1.2% in the area during that time. The predominant age group in North Albury is 20-29 years. Households in North Albury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Albury work in a trades occupation. In 2011, 59.6% of the homes in North Albury were owner-occupied compared with 57% in 2016.

North Albury has 3,723 properties. Over the last 5 years, Houses in North Albury have seen a 69.90% increase in median value, while Units have seen a 89.08% increase. As at 30 November 2024:

  • The median value for Houses in North Albury is $421,754 while the median value for Units is $354,234.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 17 properties listed for sale, and 12 properties listed for rent in North albury on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in North albury.

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