5/228 Olive StreetSouth Albury NSW 2640
Property Details for 5/228 Olive St, South Albury
5/228 Olive St, South Albury is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 1007m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (May 2021)
Ideal low maintenance investment or first home opportunity positioned within walking distance to Albury CBD and close proximity to freeway access and sporting facilities.Larger than you might expect comprising two bedrooms both inclusive of built in robes and ceiling fans.Open living with space for a lounge and dining area and functional kitchen complete with a reverse cycle split system heating and air conditioning.Updated bathroom and laundry area.Outdoors offers a single carport and storage room.Whether investing or for entry into the real estate market, this well priced property is a fantastic opportunity with an expected rental return of $200 per week.Don't delay arranging an inspection today!
Property History for 5/228 Olive St, South Albury, NSW 2640
- 31 Jul 2020Sold for $140,000
- 26 Jun 2020Listed for Sale $145,000
- 01 Aug 2018Listed for Sale $139,000
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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 1,211 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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