FOR SALE

550 Ebden Street
South Albury NSW 2640

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 650m2
This property is currently on the market
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Property Details for 550 Ebden St, South Albury

550 Ebden St, South Albury is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 650m2.This Property is currently listed for sale with Ian Ritchie Real Estate

Building Type
House
Land Size
650m2
Local Government
Albury City
Lot/Plan
A/DP155112

Last Listing description (October 2024)

Located within walking distance to Dean Street in Central Albury, sits this amazing and rare opportunity for the developers to purchase a 645m2 (approx.) flat allotment awaiting future development or for the renovators explore the options of upgrading the existing 2 bedroom home.
Additional features include:
2 bedroom home with spacious kitchen, separate bathroom with additional shower included in laundry room, sunroom to rear.

Currently leased on periodic tenancy for $290.00 per week.
For sale by expressions of interest concluding 2PM - Friday 29th Novembember 2024.
Contact the sales team for further information, or to arrange your private inspection.

THE NUMBERS:
Rates: $2224 annually.
Water notices: $855 annually (excluding consumption)
Current rental income: $290 per week.

Disclaimer:
Ian Ritchie Real Estate make every effort to ensure information provided to our agency from reliable sources are as accurate and transparent as possible therefore we accept no responsibility for the accuracy and advise all prospective clients to seek their own independent advice and due diligence checks prior to proceeding with any future property transactions.

Property History for 550 Ebden St, South Albury, NSW 2640

A timeline of how this property has performed in the market
Listed for Rent
$220/w
25 Sep 2018
  • 25 Oct 2024
    Listed for Sale EOI - closes 2PM 29/11/24
  • 26 May 2020
    Listed for Rent - Price not available
  • 10 Oct 2018
    Listed for Rent $219 / week
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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.