365 Kiewa StreetSouth Albury NSW 2640
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.
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
- 15 Aug 2022Listed for Sale UNDER CONTRACT
- 03 Aug 2022Sold for $1,260,000
- 09 Jun 2022Listed 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 1,231 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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