1/940 Fairview Drive, North Albury NSW 2640

1/940 Fairview Drive, North Albury is a 2-bedroom, 1-bathroom unit with 1 car space, built in 1989, with an internal area reported around 56–65 m² and a lot/allotment footprint reported around 99 m² for the specific unit, while some sources also show a larger complex land size figure of 832–842 m² for the underlying strata site. The property was listed for sale on 18 June 2026 as a unit in North Albury. 2-bed, 1-bath unit | 1989 build | 56–65 m² internal | strong rental yield potential | NBN fibre connected This unit sits in a street dominated by detached houses, which makes it a relatively uncommon offering in that immediate location. The 1989 build is typical of older compact stock in North Albury, and the internal area of around 60 m² is functional for a couple or single person but not spacious. The built-in robes to both bedrooms and the combined bathroom and laundry are standard for the era. The strongest signal here is the implied rental yield, which is high enough to attract an investor, but the property also suits a first-home buyer wanting low-maintenance living or a downsizer moving out of a larger house. The fibre NBN connection is a practical advantage for remote work or streaming. The sale prices of similar units in the same complex suggest a narrow price band, so the market has already established a ceiling for this configuration. The older build and compact floorplan may limit capital growth compared to newer or larger stock, but the rental demand appears solid enough to support the price. Buyers should weigh whether the unit’s position on a house-heavy street affects resale appeal, and whether the lack of a verified floor level or premium finishes matters for their own use. The yield is attractive but depends on the rent figure being achievable long-term.