OFF MARKET

365 Kiewa Street
South Albury NSW 2640

Bedrooms: 10
Bathrooms: 10
Car spaces: -
Land area: 1577m2
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Property Details for 365 Kiewa St, South Albury

365 Kiewa St, South Albury is a 10 bedroom, 10 bathroom House and was built in 1970. The property has a land size of 1577m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1970
Land Size
1577m2
Local Government
Albury City
Lot/Plan
B/DP156083

Last Listing description (September 2022)

A Bluechip investment opportunity located within 900 meters of Albury CBD.

This unit complex comprises of ten (10), one (1) bedroom units and is situated on a large 1577m2 allotment and currently producing a $55,000 annual yield (approx.)

With its locality and size this block would be perfect for a multiple dwelling residential development or with some refurbishment would prove a great set and forget investment.

Zoning: R1 (general residential)
Rates: $5268.00 annually
Gross weekly income: $1,100

Agents' remarks:
A rare opportunity for an astute investor/developer to purchase a large allotment with instant income on the edge of the Albury CBD. Perfect for a townhouse development (STCA).

Call for more information.

Property History for 365 Kiewa St, South Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$1,260,000
03 Aug 2022
Listed for Rent
$125/w
15 Jan 2016
  • 15 Aug 2022
    Listed for Sale UNDER CONTRACT
  • 03 Aug 2022
    Sold for $1,260,000
  • 09 Jun 2022
    Listed for Sale Online Auction Friday 8th July 2022 @ 10am
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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 1,233 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.
There are currently 5 properties listed for sale, and 1 property listed for rent in South albury on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in South albury.

Suburb Insights for South Albury 2640

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.