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1/940 Fairview Drive, North Albury$399,000
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For Saleapartment

1/940 Fairview Drive

North Albury, NSW 2640, Australia
$399,000
2 bed 1 bath 1 car99 m²

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About this property

For the investor seeking a property with immediate returns or the owner-occupier looking for an easy-care home, this unit offers an opportunity in a convenient North Albury location. Thoughtfully updated and designed for low-maintenance living, it provides comfort and practicality. The kitchen has been refreshed and now features a near-new electric cooktop, creating a functional and inviting space for everyday meal preparation. Adding further appeal, the bathroom and laundry have been tastefully renovated, providing modern finishes and a fresh, contemporary feel. These improvements enhance the home's overall presentation while reducing the need for immediate maintenance or renovation work. Comfort has also been prioritised with the installation of new downlights and a reverse-cycle split-system air conditioner, ensuring year-round climate control. These updates help create a bright, welcoming atmosphere while contributing to the home's overall functionality and enjoyment. Investors will appreciate the property's rental credentials, with the unit currently leased at $380 per week, providing an immediate income stream from settlement. The combination of recent updates, low-maintenance design, and a handy location makes it an attractive addition to any investment portfolio. The property is perfectly suited to those seeking a minimal upkeep lifestyle. Whether you're downsizing, entering the property market, or investing, this home offers a practical and manageable living environment. Positioned in a convenient North Albury location, the property enjoys easy access to Albury's CBD and the North Albury and Lavington shopping precincts. Schools, public transport, parkland, walking tracks, and the North Albury Football and Netball Club are all within close reach, ensuring everyday amenities and recreational opportunities are never far from home. The property features - 2 bedroom unit - Built-in robes and ceiling fans in bedrooms - Open plan living with an electric heater, ceiling fan, and a new reverse cycle split system air conditioner - Updated kitchen complete with electric cooking (as new cooktop) - Combined renovated bathroom and laundry with separate toilet - Ducted evaporative cooling throughout - New downlights - Enclosed private low-maintenance courtyard - Single carport plus storage shed - 4 units on the block - Currently leased at $380.00 per week Please note: the photos have been supplied by the vendor. All information provided is sourced from reliable references, but its accuracy cannot be guaranteed. Interested parties are encouraged to conduct their own investigations.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
99 m²
Listed
4 weeks ago

Repayment calculator

$1,934/month
$967 /fortnight
Loan $319,200 at 6.10% over 30 years

Upfront costs

Deposit$79,800
Stamp duty$10,877
Conveyancing (est.)$2,000
Total upfront$92,677
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in North Albury

This 2-bedroom apartment in North Albury, NSW 2640 sits within reach of public transport, local shops and nearby schools. It is listed 40% below the $660,000 median of 62 comparable apartmentswithin 5 km.

Schools near North Albury

  • Kandeer Schoolcombined · U · CoEd
  • Wewak Street Schoolcombined · U · CoEd
  • Aspect Riverina School, Moresby Park Centreprimary
  • Glenroy Public Schoolprimary · K-6 · CoEd
  • St Anne's Primary Schoolprimary · K-6 · CoEd
  • James Fallon High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Waugh Rd at Caroline Av (bus)338 m away
  • Unnamed783 m away
  • Unnamed77 m away
  • Unnamed125 m away
  • Fredericks Park461 m away

North Albury at a glance

Full suburb profile
Population
6,232
Median age
38
Household income
$1,159/wk
Median rent
$240/wk
Median mortgage
$1,170/mo

Source: ABS Census.

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Suburb market

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North Albury price trend

Median sold · Unit 2 bed

$349kcurrent median

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