North Albury at a glance
6,367
People
$600,500
Median sale
$437/wk
Median rent
3.78%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
NSW › North Albury › Corella St
$500,000
Last sold
4 May 2026
2
Bedrooms
1
Bathrooms
2
Car spaces
632.3 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$500,000
4 May 2026 · derived via latest_sale
Local land rate: recorded House sales in North Albury (last 5 years) with land size have a median of $698/m² of land (n=90). Districts calculation from recorded sales — not a valuation.
North Albury at a glance
6,367
People
$600,500
Median sale
$437/wk
Median rent
3.78%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Vs North Albury
-16.7%
Median sale
Suburb $600,500
+0.76 pp
Gross yield
Suburb 3.78%
Suburb median $600,500 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Albury Local Environmental Plan 2010
Zone
Commercial Centre
E2
Jurisdiction
Albury
Albury, NSW
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Commercial Centre · E2 (Albury Local Environmental Plan 2010). Official parcel area about 639 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $437/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Commercial Centre · E2 (Albury Local Environmental Plan 2010). Official parcel area about 639 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 639 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
North Albury at a glance
6,367
People
$600,500
Median sale
$437/wk
Median rent
3.78%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gilson Yonson Real EstatePositioned in a highly convenient North Albury location, 1087 Corella Street presents a unique opportunity for buyers seeking flexibility, functionality, and investment potential. Offering a two-bedroom plus study residence combined with a shopfront space, this property provides the rare ability to live and work from the one address, operate a small business, or simply enjoy the additional space in a variety of ways.
Inside the residence, the home retains charming character features including high ceilings and decorative cornices, which add a sense of space and timeless appeal. These elements create a welcoming atmosphere throughout the living areas while providing a foundation for comfortable day-to-day living.
A standout feature of the property is the attached double brick shopfront positioned at the front of the home, offering excellent flexibility for a range of uses. This space is equipped with a sink, reverse cycle split system air conditioning, and convenient internal access directly into the residence. Whether you are looking to run a small business, establish a professional office, or convert the area into an additional living zone, the versatility of this space opens the door to many possibilities.
The adaptability of the shopfront space is particularly appealing, allowing it to be used as a home-based business premises, a private office environment, or even transformed into a spacious second living area, rumpus room, home gym, or creative studio. This level of flexibility is rarely found and allows future owners to tailor the property to suit their individual needs and lifestyle.
For investors, the property presents an appealing opportunity with its unique layout and flexible configuration, it offers great potential for those looking to secure a property that stands out from more conventional residential homes.
Adding further appeal is the property's highly practical location, backing onto the Mate Street shopping strip and positioned within close proximity to both the North Albury and Lavington shopping precincts. With restaurants, schools, parks, and public transport all nearby, everyday conveniences are easily accessible, making this a well-connected and convenient place to live or invest.
Properties offering this level of versatility rarely come to the market, making this property an opportunity well worth exploring for buyers seeking a home with added flexibility and long-term potential.
The property features –
- 2 bedroom plus study residence
- Double brick shop front offering a sink, reverse cycle split system air conditioner, and internal access into the home
- Built-in robes in bedrooms
- Lounge room with a gas heater
- Kitchen is complete with electric cooking
- Full bathroom
- Laundry with a separate toilet
- Ducted cooling
- Covered entertaining area
- Enclosed back yard
- Garden shed
- Double gate access from the rear into the backyard
- Double carport secured behind rear gates
Terms: 10% deposit – 30 Day Settlement
All information provided is sourced from reliable references, but its accuracy cannot be guaranteed. Interested parties are encouraged to conduct their own investigations.
Listing description written by Michael Buchanan, Gilson Yonson Real Estate — reproduced as published, not verified by Districts.