Back 1/404 Douglas Rd
Off Market

1/404 Douglas Rd

Lavington NSW 2641

2
1
1
Apartment
Last sold for $262,000
Clinton GilsonClinton Gilson, last sold this property on 09 February 2023 after 184 days on market.

Overview

Easy Care Investment

Looking for a new investment? This 2 bedroom low maintenance unit is perfectly located close to Lavington shopping & public transport on a easy-care block that would be perfect for an investor with a great return. - Tiled flooring throughout - Updated kitchen with electric cooking - Spilt system reverse cycle air conditioner - Renovated combined bathroom with separate toilet - Built-in robes in both bedrooms - Fantastic private courtyard - Small complex of only 4 units with no body corporate fees - Great central Lavington location - Direct undercover access from the house to undercover parking space - Current rent of $290.00 per week until July 2023 with a strong gross rental yield of 5.65% (images were taken whilst the property was vacant)

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Lavington over the last 12 months, the estimated median property value of 1/404 Douglas Rd is $400k.

Median value
$400k
Estimated value range
$238.25k - $459k
Median days on market
22
Estimated value trend
43%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lavington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/404 Douglas Rd

2023
Sold
$262,000
Private Sale/Treaty on 09 Feb 2023 by Clinton Gilson, of Rudy Yonson Real Estate
2018
Rented
Undisclosed
Leased on 23 Sep 2018 by Ray White Albury North
2018
Rented
Undisclosed
Leased on 02 Aug 2018 by Ray White Albury North

Happy sellers in Lavington

100%
100% of sellers in Lavington reported that their sale price either exceeded or met their price expectations.

Lavington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Lavington over the last 12 months.

Local market activity for 2 bedroom apartments in Lavington

In the last 12 months, 7 two-bedroom apartments similar to 1/404 Douglas Rd, have been sold.

This represents a 72% increase in two-bedroom apartments sales when compared to the previous 12 months.

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