3/523 Hovell StreetSouth Albury NSW 2640
Property Details for 3/523 Hovell St, South Albury
3/523 Hovell St, South Albury is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 859m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (March 2023)
Perfectly positioned in South Albury, this newly renovated two-bedroom town residence offers low maintenance living with the convenience of being located just a short walk to Dean Street and all Central Albury amenities.
Comprising two levels, downstairs offers a functional kitchen and is fitted with ample cupboard space, electric cooking, and dishwasher. Large windows bring plentiful natural light into the open plan lounge and dining area, which flows seamlessly to the paved courtyard.
Upstairs consists of two large bedrooms with built in robes, both serviced by the modern central bathroom.
Additional conveniences include reverse cycle heating and cooling throughout plus a single lock up garage.
This town residence offers a social lifestyle with minimum fuss, and offers proximity to local transport, shopping, sporting facilities cafes, bars, and restaurants. With strong, proven rent returns, this unit is both a joy to live in, as well as offering great potential to the astute investor.
All these features combine to make it perfect for the downsizer, the investor seeking a set-and-forget package or the live-in buyer who favours the social lifestyle.
Features
- 2 large bedrooms
- 1 bathroom
- Single lock-up garage
- Functional kitchen
- Reverse cycle heating and cooling
- Freshly updated throughout
- Rental yield of $420-$450 per week (approx.)
Property History for 3/523 Hovell St, South Albury, NSW 2640
- 17 Mar 2023Sold for $370,000
- 14 Feb 2023Listed for Sale Contact Agent
- 07 Mar 2014Listed for Rent - Price not available
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About South Albury 2640
The size of South Albury is approximately 4.3 square kilometres. It has 14 parks covering nearly 7.5% of total area. The population of South Albury in 2011 was 1,368 people. By 2016 the population was 1,399 showing a population growth of 2.3% in the area during that time. The predominant age group in South Albury is 20-29 years. Households in South Albury are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Albury work in a professional occupation. In 2011, 42.5% of the homes in South Albury were owner-occupied compared with 40.1% in 2016.
South Albury has 1,231 properties. Over the last 5 years, Houses in South Albury have seen a 80.89% increase in median value, while Units have seen a 61.28% increase. As at 31 October 2024:
- The median value for Houses in South Albury is $677,023 while the median value for Units is $324,652.
- Houses have a median rent of $430 while Units have a median rent of $320.
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