993 Bralgon Street North Albury NSW 2640

993 Bralgon Street North Albury NSW 2640
2 bed house |622mΒ² lot |$460k asking |Built 1950 | Est value $412k |Rental $425pw |School zone| This two-bedroom house on a 622mΒ² block suits downsizers or investors seeking low-maintenance entry into a school-focused neighbourhood. The modest 78mΒ² build footprint leaves ample yard space for gardening or future extensions, aligning with practical needs in a residential zone. Sitting in a street of similar postwar homes, it blends seamlessly without standing out as oversized or undersized. Buyers drawn to these properties are often first-home couples, retirees, or yield-focused landlords who prioritise affordability over luxury. Comparable two-bedroom houses in the area have seen steady value growth since the 2016 sale at $149,500, reflecting broader market uplift without the volatility of larger family homes. Its lack of flood, bushfire or heritage overlays adds a layer of holding security for long-term owners. Proximity to Albury North Public and James Fallon High underpins appeal for rental demand from families. With reliable NBN and 5G, it positions well for remote workers needing simple, connected living. Overall, this setup offers reliable capital stability in a market where smaller blocks like this hold value against upsizing trends.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

North Albury is an affordability-driven suburb within the Albury market, attracting families and investors seeking value. Demand is supported by regional employment and proximity to services, but buyer capacity is income-constrained. Housing stock is mixed, with opportunities for renovation-driven uplift. Supply is moderate and responsive. Price growth is steady but limited, with yields often playing a larger role than capital appreciation.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

622.4mΒ²

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