101 Koona Street, Albion Park Rail, NSW 2527 | Property Value & History | OnTheHouse
OFF MARKET

101 Koona Street
Albion Park Rail NSW 2527

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 1031m2
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Property Details for 101 Koona St, Albion Park Rail

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.

Building Type
House
Year Built
1950
Floor Size
103m2
Land Size
1031m2
Local Government
Shellharbour
Lot/Plan
11/H/DP11034

Last Listing description (January 2025)

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:

- Two homes on two flat blocks
- Waterfront position
- Total land size of 2119m2
- Ideal development potential (STCA)
- Rental return of $950 per week combined

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

While every effort has been made to ensure the accuracy and thoroughness of the information provided in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors. As such, First National Real Estate Albion Park makes no statement, representation, or warranty and assumes no legal liability about the accuracy of the information provided. Interested parties should conduct their due diligence about each property they consider purchasing. All photographs, maps, and images are representative of marketing purposes only.

Property History for 101 Koona St, Albion Park Rail, NSW 2527

A timeline of how this property has performed in the market
Last Sold
$2,350,000
22 Nov 2024
Listed for Rent
$420/w
01 Apr 2020
  • 22 Nov 2024
    Sold for $2,350,000
  • 30 Aug 2024
    Listed for Sale NEW $2,500,000
  • 10 Mar 2020
    Listed for Rent $420 / week
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About Albion Park Rail 2527

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:

  • The median value for Houses in Albion Park Rail is $857,599 while the median value for Units is $708,966.
  • Houses have a median rent of $700 while Units have a median rent of $610.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Albion park rail on OnTheHouse. According to Cotality's data, 138 properties were sold in the past 12 months in Albion park rail.

Suburb Insights for Albion Park Rail 2527

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.