8 Prujoy Place, West Albury NSW 2640
8 Prujoy Place, West Albury NSW 2640
Elevated detached house in established West Albury cul-de-sac | Medium-to-large block with R1 residential zoning | Family-oriented suburb with school catchment appeal | Likely older stock with update potential | Good access to CBD and local walking tracks
This is competitively strong for buyers seeking an established, detached-house setting with room to shape the property. A cul-de-sac position on elevated land typically implies quieter streets, better privacy, and, in this part of West Albury, a good chance of leafy or outlook benefits. The suburban character is predominantly medium-density family housing, so the property suits an owner-occupier household that values space, proximity to the CBD, and a well-connected address. Schools are a natural draw for young families, and the general housing stock here is a mix of solid older homes and upgraded family houses, meaning this property likely offers genuine reno or value-add potential without the premium paid for new estates. It serves best as a long-term family home, with a practical layout and land that can be adapted to changing needs.
Value may be influenced by the condition of interior finishes and the original build, since older stock often requires more immediate attention than the price reflects. Land shape and slope might also affect usability or future extension options, depending on where the building sits. Rental demand appears moderate, so an investor may find the yield acceptable but not exceptional; the strongest value signal is likely from owner-occupiers who prioritise location and lot size over turnkey presentation. Council planning allows for residential redevelopment on a 450 m² minimum lot, so those who can see potential beyond the current layout may find the property more attractive than its surface condition suggests.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Prujoy Place, West Albury NSW 2640
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
West Albury, a 5.4 sq km pocket of Albury, has 3,872 residents, predominantly aged 60-69, and 65.7% owner-occupied homes. The typical buyer is a childless couple in a professional occupation on a high income. Median house price estimates range from $575,841 to $854,827; one measure records $620,000 with 2.9% annual growth, while a decade-long series shows a 138% rise. Unit median is $411,845, up 67.27% in five years. House rents sit at $500-$580 weekly, yielding 3.5%. Demand is driven by supply constraints and a competitive rental market: 315 houses sold in Q4 2025 against 18 planned. Albury’s $360.3M in 2026 projects supports growth. Risks include an overvalued market and population growth of just 0.6%.
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PropCred Estimated Value
Comparable Sales: a renovated 3-bedroom house on an elevated ~900 m² lot sold for $695,000 | Property Price Band: $600K–$700K | Value Drivers: elevated position, land size, school catchment
Bedrooms
3
Bathroom
2
Parking
2
Land
687m²
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