195 Kiewa StreetSouth Albury NSW 2640
Property Details for 195 Kiewa St, South Albury
195 Kiewa St, South Albury is a 4 bedroom, 4 bathroom BlockOfUnits with 1 parking spaces and was built in 1977. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom BlockOfUnits sold in South Albury in the last 12 months.
Last Listing description (March 2026)
A rare South Albury holding, this tidy block of three delivers versatility for investors.
Quietly positioned in the trendy suburb of South Albury with swift access to Dean Street, the river precinct and major arterials, it offers low-maintenance investing today and compelling upside tomorrow.
Units one and two are mirror-image one-bedroom residences designed for effortless tenancy. Each features an open living/dining zone, practical kitchens with gas cooktops, electric ovens and dishwashers, combined bathroom/laundry, and a split-system for year-round comfort. Light, neat and easy to service, they're the kind of rentals that stay tenanted. - Unit one includes an allocated carport.
Unit three adds genuine X-factor: a larger footprint with two bedrooms including a private master suite with ensuite, plus a second bathroom and a separate laundry for day-to-day convenience. The kitchen features the same contemporary finish - gas cooktop, electric oven and dishwasher - while the living/dining area flows to a private courtyard, creating a prized indoor-outdoor domain for entertaining or quiet weekends.
All three units are individually climate-controlled via split systems to keep running costs predictable and comfort consistent.
There is an additional two-car garage which is currently separately leased.
For the portfolio, this address supplies multiple dependable income streams on one title, simplified management, and the flexibility to value-add over time. The total income is currently $1360
Unit one - $385 per week leased until October 2026
Unit two - $350 per week - continuation lease
Unit three - $475 per week - continuation lease
Shed - $150 per week - continuation lease
For multi-generational buyers, it's a ready-made village: live in the courtyard residence, keep loved ones close in the companion units, and future-proof your options in an increasingly sought-after pocket.
There is additional space at the rear of the property that has plans to develop a two story townhouse (STCA) confirming that this opportunity is packed with potential!
South Albury remains a local favourite for accessibility - minutes to CBD dining, sporting venues, river paths and the freeway - while retaining a neighbourly feel that tenants and owners appreciate. Whether you're consolidating your portfolio or crafting a long-term plan, this three-door opportunity answers both the rational and the aspirational brief.
Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.
Property History for 195 Kiewa St, South Albury, NSW 2640
- 06 Mar 2026Sold for $1,180,000
- 14 Jan 2026Listed for Sale $1,199,000
- 02 Nov 2021Sold for $537,000
Recent sales nearby
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About South Albury 2640
The size of South Albury is approximately 4.3 square kilometres. There are 14 parks, covering nearly 7.5% of the total area. The population of South Albury in 2016 was 1379 people. By 2021 the population was 1372 showing a population decline of 0.5% in the area during that time. The predominant age group in South Albury is 20-29 years. Households in South Albury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Albury work in a professional occupation.In 2021, 39.50% of the homes in South Albury were owner-occupied compared with 40.10% in 2016.
South Albury has 1,231 properties. Over the last 5 years, Houses in South Albury have seen a 42.32% increase in median value, while Units have seen a 51.77% increase. As at 31 August 2026:
- The median value for Houses in South Albury is $776,726 while the median value for Units is $431,028.
- Houses have a median rent of $465 while Units have a median rent of $380.
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