101 Koona St, Albion Park Rail is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1031m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
101-103 Koona Street, Albion Park Rail NSW 2527 is a unique property offering two homes on two flat blocks in a waterfront position. With a total land size of 2119m2, this property presents an ideal development opportunity (STCA). The first home at 101 Koona features a 2-bedroom house on a 1031m2 block, while the second home at 103 Koona boasts a 4-bedroom house on a 1088m2 block. Both properties are currently tenanted with a combined rental return of $950 per week.
Investors will find this property attractive due to its potential for development and strong rental return. The proximity to parks, walking tracks along the lakeside, train station within three minutes' walk, and easy access to Albion Park Rail shops and public transport make it an appealing investment opportunity.
Property Features:
The Location:
Approximately within a radius of five kilometers from the property are popular places such as:
- Approx. Lake Illawarra
- Approx. Shellharbour Village
- Approx. Stockland Shellharbour Shopping Centre
- Approx. Warilla Beach
- Approx. Oak Flats Train Station
Key Financial Details:
- Land rates: $1602 per quarter for both properties
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The size of Albion Park Rail is approximately 7.2 square kilometres. There are 15 parks, covering nearly 4.6% of the total area. The population of Albion Park Rail in 2016 was 6918 people. By 2021 the population was 6920 showing a population growth of 0.0% in the area during that time. The predominant age group in Albion Park Rail is 20-29 years. Households in Albion Park Rail are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion Park Rail work in a community and personal service occupation.In 2021, 70.50% of the homes in Albion Park Rail were owner-occupied compared with 69.50% in 2016.
Albion Park Rail has 3,553 properties. Over the last 5 years, Houses in Albion Park Rail have seen a 24.71% increase in median value, while Units have seen a 31.55% increase. As at 31 August 2026:
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