791 Centaur RoadHamilton Valley NSW 2641
Property Details for 791 Centaur Rd, Hamilton Valley
Last Listing description (October 2023)
Dixon Commercial Real Estate are pleased to offer for sale 791 Centaur Road, Hamilton Valley via an Expressions of Interest campaign closing 12 noon, Thursday 28 September, 2023.
Comprising a total site area of approximately 41,000 square metres and positioned adjacent to the Lavington Sports Stadium Precinct, this serviced development site provides outstanding development scope (STCA). The property fronts Centaur Road, Hanna Street and Pearsall Street, providing approximately 500 metres of frontage, and is located approximately 2.5 kilometres from Lavington Square Shopping Centre.
The property is zoned General Residential (R1) under the Albury Local Environmental Plan 2010, which encourages providing for the housing needs of the community through a variety of housing types and densities. The zoning also enables other land uses that provide facilities or services to meet the day to day needs of residents. It also encourages medium density housing that is designed to achieve a high standard of amenity.
Property features include:
- Zoned R1 - General Residential.
- Total site area approximately 4.1 hectares.
- 300 square metre - minimum lot size (as per Albury Council).
- Significant development scope (STCA).
- Three street frontages totaling approximately 500 metres.
- Strong local and regional population growth.
Between 2021 and 2046, the population for Albury City is forecast to increase by 22,214 persons (39.64% growth), at an average annual change of 1.34% (id Consulting).
The development site presents a rare opportunity to acquire a major infill development site in Albury's expanding northern growth corridor.
Terms: 10% deposit, balance 60 days.
For more information or to request a copy of the Information Memorandum, please contact the Sales Agents below.
Property History for 791 Centaur Rd, Hamilton Valley, NSW 2641
- 27 Oct 2023Sold for $5,698,000
- 18 Aug 2023Listed for Sale Contact Agent
- 03 Sep 2020Listed for Sale Contact Agent
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0About Hamilton Valley 2641
The size of Hamilton Valley is approximately 11.9 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Hamilton Valley in 2016 was 566 people. By 2021 the population was 834 showing a population growth of 47.4% in the area during that time. The predominant age group in Hamilton Valley is 20-29 years. Households in Hamilton Valley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hamilton Valley work in a professional occupation.In 2021, 70.40% of the homes in Hamilton Valley were owner-occupied compared with 63.20% in 2016.
Hamilton Valley has 498 properties. Over the last 5 years, Houses in Hamilton Valley have seen a 62.40% increase in median value, while Units have seen a 84.23% increase. As at 31 March 2026:
- The median value for Houses in Hamilton Valley is $684,784 while the median value for Units is $615,021.
- Houses have a median rent of $573 while Units have a median rent of $460.
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