2/980 Sylvania AvenueNorth Albury NSW 2640
Property Details for 2/980 Sylvania Ave, North Albury
2/980 Sylvania Ave, North Albury is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 870m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom Unit sold in North Albury in the last 12 months.
Last Listing description (August 2026)
Whether you're an investor, developer or savvy buyer looking to add value, this unique property presents an outstanding opportunity on a generous 870m² (approx.) allotment. Featuring two self-contained dwellings with subdivision and development potential (STCA), the possibilities here are endless.
The front residence offers 2 bedrooms, 1 bathroom and a single garage and is currently vacant, making it the perfect opportunity to renovate, move in or lease out. With some cosmetic updates, this home has the potential to significantly increase in value and rental return.
Privately positioned at the rear is a 1-bedroom, 1-bathroom unit, currently leased at $250 per week, with a current rental appraisal of approximately $320 per week, providing immediate income while you plan your next move.
Adding even more appeal is the expansive 870m² block, offering exciting potential to construct two additional dwellings at the rear (STCA). Whether you're looking to maximise rental yield, create a multi-dwelling investment portfolio or undertake a future development project, this property is packed with opportunity.
Property Features:
• 870m² allotment (approx.)
• Two separate dwellings on one title
• Front home: 2 bedrooms, 1 bathroom, single garage
• Front home is vacant and ready to renovate or occupy
• Rental appraisal front unit $420pw after renovations
• Rear unit: 1 bedroom, 1 bathroom
• Currently leased at $250 per week
• Rental appraisal of approximately $320 per week
• Outstanding development potential to build two additional dwellings at the rear (STCA)
• Excellent opportunity for investors, developers and renovators
• Multiple income streams with future growth potential
Properties offering dual occupancy, immediate rental income and genuine development upside are becoming increasingly difficult to find. Secure this rare opportunity and unlock the full potential of this versatile investment.
Property History for 2/980 Sylvania Ave, North Albury, NSW 2640
- 25 Aug 2026Sold for $620,000
- 22 Jul 2026Listed for Sale $659,000 - $679,000
- 20 Oct 2021Listed for Rent - Price not available
Recent sales nearby
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0About North Albury 2640
The size of North Albury is approximately 5.9 square kilometres. There are 15 parks, covering nearly 15.9% of the total area. The population of North Albury in 2016 was 6058 people. By 2021 the population was 6232 showing a population growth of 2.9% in the area during that time. The predominant age group in North Albury is 20-29 years. Households in North Albury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Albury work in a community and personal service occupation.In 2021, 56.10% of the homes in North Albury were owner-occupied compared with 57.00% in 2016.
North Albury has 3,745 properties. Over the last 5 years, Houses in North Albury have seen a 87.71% increase in median value, while Units have seen a 57.40% increase. As at 31 July 2026:
- The median value for Houses in North Albury is $591,014 while the median value for Units is $408,819.
- Houses have a median rent of $480 while Units have a median rent of $400.
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