SOLD
Sold on 03 Sep 2024 for $1,175,000

379 Tarakan Avenue
North Albury NSW 2640

Bedrooms: 9
Bathrooms: 6
Car spaces: 5
Land area: 1043m2
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Property Details for 379 Tarakan Ave, North Albury

379 Tarakan Ave, North Albury is a 9 bedroom, 6 bathroom House with 5 parking spaces. The property has a land size of 1043m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 9 bedroom House sold in North Albury in the last 12 months.

Building Type
House
Land Size
1043m2
Local Government
Albury City
Lot/Plan
A/DP164095

Last Listing description (November 2023)

Presenting an outstanding opportunity for those seeking a great investment to add to their portfolio. A rare residential investment could be all yours with the property offering a unique chance to own a complex of 6 flats, providing a steady rental income and potential for high growth.

The flats are all on one title with no body corporate fees and currently returning $76,960 per annum (approximately). The complex consists of 3 x 2 bedroom flats and 3 x 1 bedroom flats.

The flats have an excellent North Albury location promising the utmost in convenience and lifestyle ease. The complex is located within easy access to both Albury's CBD and North Albury/Lavington shopping precinct, schools, public transport, and North Albury Football Club.

If you're looking for the next amazing addition to your property portfolio, then it's a must to inspect this low maintenance set of flats.

The property features ?

- Built-in robes to bedrooms
- Spacious living area
- Kitchen with electric cooking
- Reverse cycle split system air conditioner
- Carport

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiry.

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Property History for 379 Tarakan Ave, North Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$1,175,000
03 Sep 2024
  • 03 Sep 2024
    Sold for $1,175,000
  • 06 Jul 2023
    Listed for Sale Not Disclosed
  • 08 May 2021
    Sold for $850,000
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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 3,706 properties. Over the last 5 years, Houses in North Albury have seen a 71.55% increase in median value, while Units have seen a 58.22% increase. As at 30 September 2024:

  • The median value for Houses in North Albury is $415,472 while the median value for Units is $333,086.
  • Houses have a median rent of $450 while Units have a median rent of $325.
There are currently 20 properties listed for sale, and 7 properties listed for rent in North albury on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in North albury.

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