485 Hill Street, West Albury NSW 2640

485 Hill Street, West Albury NSW 2640
1960s brick house | 777sqm block | pool and workshop | Albury West school zone This property offers a rare combination of a generous 777sqm block with a solid three-bedroom house, a swimming pool, and a dedicated workshop , features that are increasingly scarce in the Albury market. The recent updates, including ducted cooling, solar PV, and floorboards, reduce immediate renovation needs, which strengthens a buyerโ€™s negotiating position. The location within walking distance to Albury West Public School and proximity to central services makes it particularly suited to families or investors seeking a dual-purpose holding with strong rental demand. The main risk is the valuation gap between the asking price and the estimated range, which suggests the seller may need to adjust expectations. The 4.42% rental yield is moderate but achievable given the weekly income potential, though the propertyโ€™s age may require ongoing maintenance. The absence of bushfire or flood overlays is a positive, but buyers should budget for potential roof or plumbing upgrades. For a buyer, this property works best as a long-term hold with scope for capital growth through subdivision potential on the large block, or as a stable rental with immediate cash flow.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 485 Hill Street, West Albury NSW 2640
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Market Insight: West Albury NSW 2640

West Albury presents as a mature, established suburb with a stable owner-occupier base, currently experiencing strong price momentum driven by a significant and persistent supply shortage. Demand is anchored by professional households and downsizers, creating a competitive rental market attractive to investors. While substantial local investment in new projects provides a future catalyst, the market faces headwinds from potential overvaluation and low population growth, which could temper long-term gains against the current constrained conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

781mยฒ

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