513 Hume StreetSouth Albury NSW 2640
Property Details for 513 Hume St, South Albury
Last Listing description (July 2024)
Positioned in the heart of Albury on a flat parcel of land, 513 Hume Street indeed presents an exciting opportunity for various types of buyers. Its prime location, coupled with its sizeable land area of approximately 674sqm (approx.), makes it a canvas for a range of possibilities.
A promising opportunity for development with its existing DA approved plans for a duplex. Designed by Cavalier Home adds a level of credibility to the design. Each duplex dwelling would consist of four bedrooms, two bathrooms, and an open-plan living space split over two levels for each residence, providing well thought out and comfortable living arrangements. Boasting an internal area of around 200sqm, along with a garage, and a total outdoor area of 213sqm (approx.), suggests spacious living spaces.
Overall, the potential for development coupled with the well-designed plans makes this property stand out for those interested in investment or development opportunities.
Additionally, the convenience of its location, with easy access between Albury and Wodonga, enhances its appeal. Commuters will appreciate the seamless connectivity, while the proximity to schools, the Albury Railway station, CBD, and sporting grounds adds further convenience for residents.
513 Hume Street truly presents a rare chance to either craft a dream home or embark on a lucrative development venture in the heart of Albury's vibrant community. Act swiftly to secure this coveted piece of land and unlock the potential of this pristine 674 sqm (approx.) block in Central Albury.
Features:
- 674 sqm (approx.), flat land
- New home site or development (STCA)
- Current DA approved plans for duplex
- Mixed zone use
- Easy access to Albury CBD, schools, amenities, and entertainment.
Property History for 513 Hume St, South Albury, NSW 2640
- 12 Jul 2024Sold for $430,000
- 08 May 2024Listed for Sale Not Disclosed
- 03 Aug 2021Sold
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0About 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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