480 Young StreetAlbury NSW 2640
Property Details for 480 Young St, Albury
Last Listing description (March 2013)
480 Young Street, Albury represents a rare opportunity to acquire one of the citys most prominent development sites. Located adjacent to the Albury Railway Station and within 300 metres of the main street, this enormous site offers two titles, a total land area of 8,334 sqm, Zoned B4 Mixed Use and has the capacity for a multi-level development (STCA). The property includes a single storey building previously used as a restaurant / club house. Zoned B4 Mixed Use under the Albury City Council's LEP Plan (2010), this site offers an exciting opportunity to those developers with vision to capitalise on the sites potential and should be investigated further by local & national retailers, moteliers and tourism operators together with residential and commercial developers looking to construct an iconic project on this landmark site. If Albury needed to be defined in a single word, it would be 'progessive'. With a population of more than 50,000 people, Albury is home to a bustling economy, world-class medical services, a vibrant cultural scene and sporting amenities to rival the capital cities. Around 8,000 local businesses of all sizes contribute to a gross regional product valued at $4.1 Billion including Centro Property Group, Norske Skog, Telstra Countrywide, Myer, Australian Taxation office and a long list of national and international companies.
Property History for 480 Young St, Albury, NSW 2640
- 25 Sep 2024Sold for $4,500,000
- 05 Sep 2012Listed for Sale Sold
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0About Albury 2640
The size of Albury is approximately 5.7 square kilometres. There are 17 parks, covering nearly 30.8% of the total area. The population of Albury in 2016 was 4804 people. By 2021 the population was 4955 showing a population growth of 3.1% in the area during that time. The predominant age group in Albury is 60-69 years. Households in Albury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albury work in a professional occupation.In 2021, 58.50% of the homes in Albury were owner-occupied compared with 59.10% in 2016.
Albury has 4,069 properties. Over the last 5 years, Houses in Albury have seen a 55.15% increase in median value, while Units have seen a 25.78% increase. As at 31 July 2026:
- The median value for Houses in Albury is $851,696 while the median value for Units is $470,124.
- Houses have a median rent of $570 while Units have a median rent of $450.
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