Apartment

2/611 Olive Street

Albury NSW 2640, Australia

2Bedrooms

1Bathrooms

1Parking

1918 m²Land size

-Internal area

$184,000Last sale (2016)

Snapshot

Key points for 2/611 Olive Street.

2 bedrooms, 1 bathroom, 1 parking space
Estimated market value: $412,250
Recorded price: $184,000
Air‑conditioning
Eight‑unit townhouse block built in 1960: Unit 2 sits within a mid‑century block of 8 units (1 townhouse + 7 apartments)

About this property

2/611 Olive Street is a two‑bedroom, one‑bathroom unit within an eight‑unit townhouse block built in 1960. The unit offers 59 m² of internal floor area and includes an air‑conditioned living space, built‑in robes and a single garage/car‑port space.

Recent transactions show a sale price of $184,000 in May 2016, while estimated market value suggest a current market value around $400‑$460k and a weekly rent estimate of $420‑$440. Located on Olive Street in the centre of Albury, the building is a short walk to the town centre, schools and public transport, providing convenient access to local amenities

Key details

Locality: Albury
State: NSW
Coordinates: 36.07615552 / 146.91834831
GNAF PID: GANSW703907042
Legal parcel ID: 2/SP18294
Remoteness area: Regional
Property type: Apartment
Unit land size: 1918 m²
Unit internal area: -
Built: 1960
Bushfire risk: None detected
Flood risk: None detected
Heritage overlay: None detected
Strata/body corporate: Present
Land Use Category: Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent

$434

Expected property value

$412,250

Estimated yield

5.47%

Confidence

High

Based on the comparable property evidence currently available.

Sales history

Event	Date	Price	Price per m²
Sale	6 May 2016 Seller: Drummond Real Estate	$184,000	—
Sale	5 Nov 2007	$152,000	—

Property insights

Building profile

2/611 Olive Street is a residential two‑bedroom unit in an eight‑unit townhouse block built in 1960Drummondrealestate.com.au Leadingpropertygroup.com.au
Built: Year built
Total units in building: 8Leadingpropertygroup.com.au
Year built: 1960Drummondrealestate.com.au
Construction type: Townhouse block (1 townhouse + 7 apartments)
Typical owner‑occupier tenure: Approximately 75 % owner‑occupiers

Property Features

Air‑conditioning throughout the unitDrummondrealestate.com.au
One garage/car‑port space
Air‑conditioningDrummondrealestate.com.au Leadingpropertygroup.com.au
Eight‑unit townhouse block built in 1960: Unit 2 sits within a mid‑century block of 8 units (1 townhouse + 7 apartments)
Strong capital growth in recent years: Neighbouring Unit 4 sold for $356 k in 2024, indicating rising values
Car spaces: 1

Recorded sales and leasing agents

Listing agent (2016 sale): Drummond Real EstateDrummondrealestate.com.au
Recorded sale agency (2016 sale): Drummond Real Estate recorded for the 2016 saleDrummond real estate – unit sold page ( p1)
Recorded listing contacts: Drummond Real Estate 02 6041 5755 Agent for 2016 sale and 2015‑2016 lease

Ownership mix

Approximate occupancy mix for the surrounding area

Owner-occupied

75%

Renter-occupied

25%

Area insights

The surrounding precinct places hospitality venues and civic services within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Reid's Butcher Shophistoric site; 0.3 km away
Albury Library Museumpublic library and museum; 0.4 km away
Meramie Motor Innhotel; 0.1 km away
Bonegilla Househistoric site; 0.2 km away
Mercure Alburyhotel; 0.3 km away

Read suburb profile

Real Estate Agencies

Ordered by:

Elders Real Estate Wodonga - Wodonga

5.9 km

18-20 Stanley Street, Wodonga, VIC 3690

Stean Nicholls - Albury

0.8 km

Suite1 19/669 Dean Street, Albury, NSW 2640

Ray White - Albury North

3.0 km

313 Urana Road,, Lavington, NSW 2641

First National Real Estate - Bonnici & Associates

4.6 km

9 High Street, Wodonga, VIC 3690

Gilson Yonson Real Estate - North Albury

Agency group with multiple offices

Gilson Yonson Real Estate - North Albury

1.9 km

885 Mate Street, North Albury, NSW 2640

PJ Murphy Real Estate - WODONGA

5.1 km

49 High Street, Wodonga, VIC 3690

PRD Albury-Wodonga

0.6 km

Suite 3, Ground Floor, 429 Swift Street, Albury, NSW 2640

Ray White Albury Central - ALBURY

Agency group with multiple offices

Ray White Albury Central - ALBURY

0.9 km

4/453 Townsend Street, Albury, NSW 2640

Que Property Group -.

0.7 km

418 Dean Street, Albury, NSW 2640

OBrien Real Estate - Wodonga

5.9 km

Shop 2 137 High Street, Wodonga, VIC 3690

Cameron Property Alliance

5.5 km

5/87-91 High Street, Wodonga, VIC 3690

Stewart Gould Real Estate

0.7 km

478 David Street, Albury, NSW 2640

Stewart Gould Real Estate

McGrath - Albury/Wodonga

0.0 km

609 Olive Street, Albury, NSW 2640

Brian Phegan Real Estate - Albury

3.6 km

PO Box 1414, Albury, NSW 2640

Ian Ritchie Real Estate - Albury

2.9 km

1097 Mate Street, North Albury, NSW 2640

Drummond Real Estate - ALBURY

0.5 km

588 Stanley Street, Albury, NSW 2640

* Approximate straight-line distances

Nearby schools

Type:

Ordered by:

Albury High School

0.4 km

Secondary school | Government

Aspect Riverina School, Wagga Wagga Campus

0.5 km

Combined school | Independent

The Scots School Albury

0.8 km

Combined school | Independent

Albury Public School

0.9 km

Primary school | Government

St Patrick's Parish School

0.9 km

Primary school | Catholic

Aspect Riverina School, Kiewa Street Albury Campus

0.9 km

Combined school | Independent

Aspect Riverina School

0.9 km

Combined school | Independent

Albury Wodonga Community College, Albury

1.0 km

Combined school | Independent

Kandeer School

1.8 km

Combined school | Government

Albury North Public School

1.8 km

Primary school | Government

Albury West Public School

2.0 km

Primary school | Government

James Fallon High School

1.9 km

Secondary school | Government

Xavier High School

2.3 km

Secondary school | Catholic

Aspect Riverina School, North Albury Campus

2.3 km

Combined school | Independent

Green Leaves Early Learning Albury

1.6 km

Goodstart Early Learning Albury - Banff Avenue

0.5 km

Albury Preschool

0.7 km

Albury Tafe Child Care Centre

0.8 km

Wilcox Street Early Education Centre

0.8 km

Scots Pre-School

0.8 km

* Approximate straight-line distances

Frequently asked questions

How many bathrooms are in the unit?

There is one bathroom

Which secondary school is closest to the property?

Albury High School is the nearest secondary school, located about 0.4 km away

How many bedrooms does the unit have?

The unit has two bedrooms

What parking is available?

The unit includes one car space in a garage/car‑port

What was the most recent sale price?

The most recent recorded sale was for $184,000 on 6 May 2016

What is the estimated market value?

Estimated market value place the unit between $400,000 and $460,000

What is the estimated weekly rent?

Rental estimates are around $420‑$440 per week

What type of property is this?

It is a residential unit (apartment/flat) within a townhouse block

Related profiles

Jump to the related profiles for this address.

Root property

611 Olive Street

View the main multi-unit property profile covering 7 tracked units.

View root property

Suburb profile

Albury

Browse the suburb profile, property mix, and related area data.

View suburb profile