4/404 Douglas Rd

Lavington NSW 2641

66 m²

917 m²

Unit

Currently for sale - view listing

Overview

LOW MAINTENANCE ENTRY OR INCOME GENERATOR IN A STRONG REGIONAL MARKET

Set in a block of just four, this solid two-bedroom unit presents genuine value for first home buyers and investors alike. With a practical layout featuring open-plan kitchen, living and dining areas, a combined bathroom/laundry, an easy-care courtyard with garden shed, and a tandem carport, it ticks all the boxes for low-maintenance living. The unit is currently leased month-to-month at $300 per week, with an updated rental appraisal of $330–$350 per week. This offers investors immediate returns, with strata costs of approximately $800 per year keeping ongoing outgoings low. Lavington has been one of the standout performers in the Albury region over the past 12 months. Median prices for units have lifted solidly, reflecting broader buyer demand for affordable regional stock. Units in the suburb have recorded annual median price growth of around 8.3%–8.6%, while the broader market has been supported by strong activity and limited supply. Houses in Lavington have seen even sharper capital gains - up around 20%+ over the same period - pointing to overall confidence and momentum in the local market. Rental demand has also strengthened, with median rents for units lifting above $350–$375 per week and supporting healthy yields for investors. Lavington is a well-established suburb in the heart of the Albury region, offering convenient access to shops, schools, and community facilities. It remains appealing to a broad cross-section of buyers thanks to its lifestyle appeal, regional affordability relative to Sydney or Melbourne, and solid infrastructure. Buyers here benefit from both strong rental demand and capital growth prospects, underpinned by a steady population base and limited new supply. Priced to reflect current market conditions, this is a rare opportunity to enter a tight regional market with a classic, manageable unit that tenants and future purchasers will appreciate.