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NSW › East Albury › Rivergum Dr

240 Rivergum Dr, East Albury NSW 2640

House

$800,000

Last sold

10 Apr 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

726 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $800,000 (10 Apr 2026).(Recorded sale)
  • FactLand 726 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in East Albury (last 5 years) with land size: median $952/m² of land (n=47). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned General Residential (R1) under the Albury Local Environmental Plan 2010.(NSW ePlanning Spatial Viewer · 30 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

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

What this lot has actually traded at

Last sold

$800,000

10 Apr 2026 · derived via latest_sale

Local land rate: recorded House sales in East Albury (last 5 years) with land size have a median of $952/m² of land (n=47). Districts calculation from recorded sales — not a valuation.

East Albury at a glance

7,022

People

$800,000

Median sale

$510/wk

Median rent

3.32%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full East Albury report →

Vs East Albury

0.0%

Median sale

Suburb $800,000

0.00 pp

Gross yield

Suburb 3.32%

Suburb median $800,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Albury Local Environmental Plan 2010

Zone

General Residential

R1

Jurisdiction

Albury

Albury, NSW

Planning overlays

  • heightNot detected
  • heritageNot detected

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 161106531

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$800,00010 Apr 2026
  2. Listedprice unknowncompleted2 Apr 2026
  3. Listedprice unknowncompleted2 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned General Residential · R1 (Albury Local Environmental Plan 2010). Official parcel area about 725 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $510/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

Districts view

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned General Residential · R1 (Albury Local Environmental Plan 2010). Official parcel area about 725 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

Evidence

What is known for this property

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Residential · R1 (Albury Local Environmental Plan 2010). Official parcel area about 725 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 725 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Knownmedium

    No development applications were returned for this parcel. That is not a statement about nearby lots.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

East Albury in one glance

East Albury at a glance

7,022

People

$800,000

Median sale

$510/wk

Median rent

3.32%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full East Albury report →

Keep researching

  • Why East Albury? Read the area thesis →
  • What else is on the market in East Albury →
  • Other records on Rivergum Dr →

Listing material

Listed by Elders Real Estate Wodonga

Easy Family Living in a Peaceful East Albury Pocket

Set in a quiet, well-established pocket of East Albury and just moments from the Murray River, 240 Rivergum Drive offers relaxed family living with comfort, space and low-maintenance appeal.

Positioned on a 726m² allotment, this well-presented residence has recently been freshly painted both inside and out and features brand new carpets, giving the home a crisp, refreshed feel that allows you to move straight in and enjoy.

Previously managed by the Defence Housing Authority, the home has been exceptionally well maintained, offering buyers confidence in both its presentation and ongoing care.

Read the full description

The home comprises four generous bedrooms, including a privately positioned main bedroom complete with walk-in robe and ensuite. The remaining bedrooms are well sized and serviced by a central family bathroom, providing a practical and family-friendly layout.

Two separate living zones create excellent versatility. The light-filled family and meals area sits at the heart of the home and flows seamlessly to the covered alfresco, making everyday living and entertaining effortless. A second living area offers a comfortable retreat - ideal as a formal lounge, media space or quiet escape for families.

A neutral colour palette throughout enhances the sense of space and natural light, while the functional kitchen overlooks the main living zone and offers ample bench and storage space for busy households.

Outdoors, the covered alfresco area is complemented by low-maintenance gardens, perfect for relaxed entertaining without the upkeep. The double lock-up garage includes rear roller door access to the backyard, along with the added benefit of a water tank.

Year round comfort is ensured with ducted heating and cooling, completing a home designed for easy living.

Located close to Murray River walking tracks, local amenities and set within a peaceful East Albury neighbourhood, this property presents as an outstanding option for families and investors seeking quality, comfort and long-term appeal.

Potential rental income of $650 per week.

Listing description written by Dean Star, Elders Real Estate Wodonga — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.