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198 Olive Street, South Albury NSW 2640

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$700k - $750k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 1 Car 1083 m²

Listed: 8th Aug 2026

Updated: 55 days ago

Overview

Situated in a sought-after South Albury locale, this renovated residence stands out for its seamless blend of timeless character and functional upgrades set on a generous approximately 1,083 square metre block. The spacious allotment offers an expansive backyard that caters to both tranquil outdoor living and future development possibilities (subject to council approval).

Inside, the home exudes warmth through timber floorboards that greet every room. The kitchen is a modern, practical space featuring stainless steel benchtops, gas cooktop, dishwasher, and a convenient breakfast bar—perfect for everyday cooking and casual dining. Adjacent, the separate living room with an open fireplace establishes a cozy retreat ideal for relaxation or entertaining clients and guests alike.

Three comfortably sized bedrooms provide ample accommodation, with two bedrooms boasting oversized built-in wardrobes that enhance storage and functionality. A thoughtfully renovated bathroom, coupled with a separate laundry complete with an additional toilet, enhances the convenience of this family-oriented layout. Climate control is well addressed with ducted heating and cooling, complemented by ceiling fans to ensure comfort year-round.

Outdoors, the property truly comes alive. A large undercover entertaining area and a spacious timber deck invite gatherings surrounded by established shade trees. Additional lifestyle amenities include a lock-up shed for storage or workshop needs and a chook yard that adds charm and potential for sustainable living pursuits.

The property’s comprehensive upgrades include a house-wide rewire completed about six years ago, a recently installed heating system, a new hot water service, new roof, and full ceiling, wall, and underfloor insulation, underpinning both energy efficiency and peace of mind for future occupants.

Conveniently close to Central Albury, local parks, and the Murray River, this residence offers broad appeal. First home buyers, families seeking space to grow, and investors may find the blend of immediate livability and potential for subdivision or further development particularly compelling.

Local Market Insights

In South Albury, Quiet Listings observed 66 new houses entering the market over the last 30 days, up from 47 during the previous 30-day period, with an average advertised asking price of $869,439. The property type mix of listed properties is predominantly Houses at 77%, followed by land (8%), and townhouses (6%). The most active agency for houses in the South Albury area is currently Ray White, representing 24% of new listings, followed by Stean Nicholls Real Estate with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.