509 Banks StreetNorth Albury NSW 2640
Property Details for 509 Banks St, North Albury
509 Banks St, North Albury is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 652m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in North Albury in the last 12 months.
Last Listing description (May 2024)
Attention Investors and First Home Buyers! Here's an incredible opportunity to secure an affordable property with a gross rental yield exceeding 5.2%. Yes, you heard it right!
Nestled in the tranquil surroundings of Banks Street, North Albury, this charming three-bedroom, one-bathroom home offers both comfort and potential. Situated in a quiet court and backing onto a serene reserve, it presents an ideal setting for those seeking a peaceful lifestyle or a savvy investment.
Upon entering, you're greeted by a well-maintained and original interior. The kitchen boasts a tidy layout equipped with a gas cooktop and oven, providing functionality for daily meal preparations.
Comfort is ensured year-round with a convenient split-system heating and cooling unit, allowing you to adjust the temperature according to your preferences.
One of the standout features of this property is the expansive two-bay shed, complete with a power supply. With ample space for four additional cars, it presents a fantastic opportunity for those with vehicles, tools, or hobby equipment.
Whether you're looking to add to your investment portfolio or take your first step onto the property ladder, 509 Banks St offers undeniable potential and value. Don't miss out on this rare find in the heart of North Albury!
For more information or to arrange a viewing, contact us today. This opportunity won't last long!
Property History for 509 Banks St, North Albury, NSW 2640
- 17 May 2024Sold for $333,000
- 27 Jul 2023Listed for Sale $350,000
- 12 Apr 2023Sold
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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 3,708 properties. Over the last 5 years, Houses in North Albury have seen a 69.02% increase in median value, while Units have seen a 75.78% increase. As at 31 October 2024:
- The median value for Houses in North Albury is $415,356 while the median value for Units is $332,964.
- Houses have a median rent of $450 while Units have a median rent of $325.
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