418 Kokoda Street, North Albury NSW 2640

418 Kokoda Street, North Albury NSW 2640
3 bed, 1 bath, 2 car | compact 462m² lot | entry-level suburban house | stone bench kitchen This property sits in the affordable established-house segment of North Albury, offering a compact detached home that suits first-home buyers, downsizers, and investors. Its open plan living with a kitchen featuring stone benches and a dishwasher lifts the interior above basic entry level, while the split system air conditioning and separate toilet add practical comfort. The 462m² lot is manageable and typical of mid-sized suburban allotments, giving buyers a private outdoor space without the upkeep of a larger block. The 3-bedroom configuration, though inconsistently recorded in databases, aligns with current marketing and positions the house as a functional starter home rather than a premium family dwelling. For someone seeking detached-house living at a modest price point, this property delivers the essentials without overreach. The bedroom count discrepancy between older records and current listings may affect how lenders or insurers view the property, so confirming the official council classification is advisable before proceeding. The 2020 sale price of $242,000 provides a historical baseline, but market movement since then means the current asking level reflects broader price growth rather than a direct comparison. The compact land size limits future subdivision potential and may constrain extension options, which matters if long-term expansion is a goal. The absence of details on building age, aspect, or outdoor amenities like shedding or alfresco areas means a physical inspection is needed to assess condition and layout quality. These factors do not diminish the property’s appeal but should inform any offer strategy.
Detailed Independent Property Report prepared  by PropCred Analyst team for 418 Kokoda Street, North Albury NSW 2640
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk 2
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Market Insight

This suburb exhibits a robust and accelerating housing market, with house values experiencing exceptional annual growth, significantly outpacing the more moderate unit price appreciation. This dynamic suggests strong demand for detached homes, likely driven by owner-occupiers seeking space, supported by a very tight rental market with low vacancy rates and competitive yields. Properties are transacting swiftly, indicating high buyer urgency and competitive conditions. Future growth appears linked to sustained demand for houses, though the widening price gap between houses and units may signal emerging affordability constraints for some buyer segments.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

462m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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