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688 Kiewa Street, AlburyPrice Withheld
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688 Kiewa Street

Albury, NSW 2640, Australia
Price Withheld
8 bed 4 bath 4 car

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About this property

Positioned in one of Albury's most tightly held and sought after central pockets, just a short stroll to Dean Street and the heart of the CBD, this four unit complex presents a rare opportunity to secure reliable income in an unbeatable location. Moments from shopping, leading schools, cafes, parks, and transport, the property offers outstanding convenience and long-term capital growth potential. Fully tenanted and delivering consistent returns, this is a genuine set-and-forget investment. Each unit comprises two bedrooms, a bathroom, one carport, and a storage shed, ensuring strong tenant appeal with minimal ongoing maintenance. Current rents range from $270 to $380 per week, with units varying from well-maintained originals with fresh paint and updated carpets to fully renovated turnkey units featuring modern kitchens, bathrooms, and split systems. Overall rental potential exceeds current income, reflecting the quality of improvements and recent market growth. The current rental income has room for growth, offering investors the chance to boost returns. Recent upgrades across the complex further enhance both value and rental appeal, including fresh paint, new carpets, updated kitchens and bathrooms, split system heating and cooling, and one fully renovated unit completed in May 2025 with modern fixtures, appliances, and finishes only 12 months old. With quality tenants, secure income streams, a solid, low-upkeep build, a blue-chip central location, and strong potential for rental growth, this is a rare opportunity to secure a high-performing investment in the heart of Albury. For more information, please call Michael on 0402 052 272.

Property Details

Property Type
land
Listing Type
For Sale
Bedrooms
8
Bathrooms
4
Parking
4
Listed
3 months ago

Repayment calculator

$3,781/month
$1,891 /fortnight
Loan $624,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$156,000
Stamp duty$25,754
Conveyancing (est.)$2,000
Total upfront$183,754
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 Albury

This 8-bedroom land in Albury, NSW 2640 sits within reach of public transport, local shops and nearby schools.

Schools near Albury

  • Aspect Riverina Schoolcombined · U · CoEd
  • The Scots School Alburycombined · K-12 · CoEd
  • Albury North Public Schoolprimary · K-6 · CoEd
  • Albury Public Schoolprimary · K-6 · CoEd
  • Albury West Public Schoolprimary · K-6 · CoEd
  • Aspect Riverina School, Kiewa Street Albury Campusprimary

What's nearby

  • David St after Perry St (bus)416 m away
  • ALDI827 m away
  • Morningside Place Playground706 m away
  • Gertrude Colquhoun Park994 m away
  • QEII Square997 m away

Albury at a glance

Full suburb profile
Population
4,955
Median age
45
Household income
$1,601/wk
Median rent
$270/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Albury price trend

Median sold · House 3 bed

Compound growth +2.8% / yr over 4 yrs

$834kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Albury market

Within 5km

Nearby Properties

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