Back 1046 Koonwarra Street
Off Market

1046 Koonwarra Street

North Albury NSW 2640

3
1
4
House
Last sold for $588,000
Rahul GoyalRahul Goyal, last sold this property on 15 March 2026 after 23 days on market.

Overview

Prime Development Opportunity with Exceptional Potential

Set in a proven growth pocket of North Albury, 1046 Koonwara Street is a strategic acquisition for investors seeking immediate holding income combined with strong future upside. Occupying a sizeable allotment, the property offers excellent subdivision potential (STCA), allowing investors to unlock additional value through a multi-lot outcome. The block layout also lends itself to second dwelling or dual-occupancy potential (STCA) - an ideal pathway to increase rental yield and long-term capital growth. The existing home provides the flexibility to generate rental income while development plans are explored, making this an attractive landbank opportunity in a location with consistent tenant demand. With proximity to schools, local shopping, transport links, and key amenities, the fundamentals for strong occupancy and resale appeal are firmly in place - a crucial factor for investors focused on risk-adjusted returns. Investment Highlights: • Master bedroom with walk in robes • Two spacious bedrooms • Updated flooring through out • Big storage shed with a roller door • Subdivision potential to maximise land value (STCA) • Scope to add a second dwelling for dual income (STCA) • Solid holding asset with rental appeal • High-demand rental location • Ideal for developers, builders, and long-term investors 1046 Koonwara Street represents a rare chance to secure a scalable investment where multiple exit strategies are available - develop, dual-rent, or landbank and capitalise on future growth.

Features

3 bedrooms
1 bathroom
4 carspaces
2 open car spaces
2 garage spaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in North Albury over the last 12 months, the estimated median property value of 1046 Koonwarra Street is $562.5k.

Median value
$562.5k
Estimated value range
$230k - $710k
Median days on market
24
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Albury. 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 1046 Koonwarra Street

2026
Sold
$588,000
15 Mar 2026 by Rahul Goyal, of Ray White Albury Central
2025
Rented
Undisclosed
Leased on 29 Oct 2025 by Ray White Albury Central
2025
Rented
Undisclosed
Leased on 11 Mar 2025 by Ray White Albury Central

Happy sellers in North Albury

94%
94% of sellers in North Albury reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in North Albury over the last 12 months.

Local market activity for 3 bedroom houses in North Albury

In the last 12 months, 63 three-bedroom houses similar to 1046 Koonwarra Street, have been sold.

This represents a 12% increase in three-bedroom houses sales when compared to the previous 12 months.

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