1/2 Ramsay Place, West Albury, NSW 2640 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Ramsay Place
West Albury NSW 2640

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 87m2
Land area: 4751m2
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Property Details for 1/2 Ramsay Pl, West Albury

Building Type
Commercial
Year Built
1982
Floor Size
87m2
Land Size
4751m2
Local Government
Albury City
Lot/Plan
1/SP46315

Last Listing description (December 2021)

+ Brand new 3-year lease to Healius Limited to September 2024 plus options to 2034.
+ Healius Limited: ASX listed pathology, imaging, and day hospital service provider with 2,250 locations nationally.
+ Trading as Dorevitch Pathology, a leading medical laboratory and pathology service provider with over 600 locations nationally.

+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Annual CPI rent reviews.
+ Highly sought-after essential service medical investment.
+ 497sqm* clinic with 10 valuable car spaces on-title.
+ Strategically located in key medical precinct opposite Albury/Wodonga Private Hospital (Ramsay Health) and nearby Albury Day Surgery, Urologist, I-Med Radiology and Hume Cardiac Centre.
+ Albury/Wodonga: twin cities with booming 100,435 combined population.
+ Net Income: $120,000pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne

Property History for 1/2 Ramsay Pl, West Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$1,890,000
18 Dec 2024
Listed for Rent
$1.92k/w
05 Nov 2021
  • 18 Dec 2024
    Sold for $1,890,000
  • 16 Dec 2021
    Sold for $2,102,000
  • 16 Dec 2021
    Sold for $2,102,000
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About West Albury 2640

The size of West Albury is approximately 5.4 square kilometres. There are 9 parks, covering nearly 10.1% of the total area. The population of West Albury in 2016 was 3851 people. By 2021 the population was 3872 showing a population growth of 0.6% in the area during that time. The predominant age group in West Albury is 60-69 years. Households in West Albury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Albury work in a professional occupation.In 2021, 65.70% of the homes in West Albury were owner-occupied compared with 64.30% in 2016.

West Albury has 2,087 properties. Over the last 5 years, Houses in West Albury have seen a 41.40% increase in median value, while Units have seen a 38.48% increase. As at 30 June 2026:

  • The median value for Houses in West Albury is $862,951 while the median value for Units is $444,374.
  • Houses have a median rent of $515 while Units have a median rent of $430.
There are currently 6 properties listed for sale, and 5 properties listed for rent in West albury on OnTheHouse. According to Cotality's data, 85 properties were sold in the past 12 months in West albury.

Suburb Insights for West Albury 2640

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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.