3/531 Abercorn St, South Albury is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1965. The property has a land size of 765m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
An excellent addition to any investment portfolio this neat and tidy unit has been renovated throughout, showcasing an open plan living, dining and kitchen space, near new kitchen with gas cooking and split system air conditioning.
The master bedroom has a walk-in robe, with direct access to the bathroom and laundry. The unit also comes with a garden shed and carport.
Ideally positioned within walking distance to Central Albury, shops, schools, transport and freeway access. Currently leased at $250.00 per week until September 2023 returning approx 6.0% gross yield.
Call Nic Hess on 0407 815 750 for more information or to arrange your private inspection.
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:
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