517 Abercorn St, South Albury is a 5 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1969. The property has a land size of 766m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
A wonderful opportunity to purchase in sought after South Albury, these flats are fully tenanted with a great return of $32,240 per annum
Front single bedroom unit has been tastefully renovated with a modern kitchen and bathroom along with a SS R/C A/C for your heating & cooling needs.
Unit 2 has undergone renovations with a wonderful updated kitchen with dishwasher & the rear 3 bedroom unit offers spacious living, all units have private and secure yards & a parking space.
A prime investment location being close to Central Albury dining and entertainment options in the CBD with just a short drive to the lovely murray river & Noriel park with freeway entrance close by.
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:
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