Back 358 Fallon Street
Off Market

358 Fallon Street

North Albury NSW 2640

5
2
1
836 m²
House
Nicholas ClarkNicholas Clark, last sold this property on 29 September 2025 after 74 days on market.

Overview

Under Offer

Investment with Long-Term Upside Currently leased at $450 per week until January 2026, this property offers an immediate rental return while holding strong future potential. With a wide 18.5m (approx.) frontage and 45m (approx.) depth, the flat 836m² (approx.) allotment presents a rare opportunity to secure both income and long-term growth. The existing five-bedroom, two-bathroom home with two living areas has new tenants moving in, providing investors with a reliable rental opportunity. With a strong return already in place, it's an ideal option for those seeking an addition to their portfolio. Looking ahead, the property's northern rear orientation and generous land size create scope for future value-adding, whether through extensions, upgrades, or potential redevelopment (STCA). Located just steps from two schools, shops, sports facilities, and with easy access to both Lavington Square and Albury's CBD, this property combines strong income holding with outstanding development prospects. Key Features: Currently rented at $450pw until Jan 2026 Wide 18.5m (approx.) frontage 836m² (approx.) flat allotment Northern rear orientation Five-bedroom, two-bathroom original home Central location close to schools, shops, and amenities

Features

5 bedrooms
2 bathrooms
1 carspace
836 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in North Albury over the last 12 months, the estimated median property value of 358 Fallon Street is $575k.

Median value
$575k
Estimated value range
$575k - $575k
Median days on market
103
Estimated value trend
-5%
decrease 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 358 Fallon Street

2025
Sold
Undisclosed
Private Sale/Treaty on 29 Sep 2025 by Nicholas Clark, of Stean Nicholls Pty Ltd
2022
Rented
Undisclosed
Leased on 17 Nov 2022 by Stean Nicholls Pty Ltd
2022
Rented
Undisclosed
Leased on 19 Oct 2022 by Stean Nicholls Pty Ltd

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 5 bedroom houses in North Albury

In the last 12 months, 3 five-bedroom houses similar to 358 Fallon Street, have been sold.

This represents a 25% increase in five-bedroom houses sales when compared to the previous 12 months.

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