Welcome to our SUMMER 2025 issue of HOME-GROWN. An Albury-Wodonga based Real Estate Magazine, keeping you up-todate with the latest listings and information as well as current local market statistics. In this Summer edition, we have some information about two new developments in central Albury, what’s been happening within our commercial department as well as some news about local market activity. We also have our most recent results and social snaps. We hope you enjoy reading our twenty seventh issue of Home-Grown as much as we have enjoyed putting it together for you. Here’s to a fantastic Summer!
NEW ERA OF LUXURY LIVING ARRIVES WITH DUAL ALBURY DEVELOPMENTS
STEAN NICHOLLS COMMERCIAL: SETTING THE STANDARD IN ALBURY WODONGA
RECENT RESULTS
NEW LISTINGS LOCAL BUSINESS SPOTLIGHT
A STEADY FINISH TO THE YEAR FOR THE ALBURY WODONGA PROPERTY MARKET
TENANT OF THE MONTH
DIRECTORS’ MESSAGE
SOCIAL SNAPS
PICTURED ON FRONT - 15 BREWER DRIVE, WEST WODONGA (CAPTURED SPACE)
419 DAY STREET, WEST ALBURY
NEW ERA OF LUXURY LIVING ARRIVES WITH DUAL ALBURY DEVELOPMENTS
NEW ERA OF LUXURY LIVING ARRIVES WITH DUAL ALBURY DEVELOPMENTS
557 THURGOONA STREET — INSPIRED LIVING IN THE HEART OF ALBURY
Set amongst the tree-lined streets of central Albury, 557 Thurgoona Street is a boutique address that redefines modern regional living. With its elegant, contemporary architecture and thoughtfully curated interiors, 557 blends sophistication and warmth in perfect balance.
This boutique development of just 18 beautifully appointed residences, designed for those who value quality, comfort, and connection. Set across three elegant levels above secure basement parking, 557 combines refined architectural form with sophisticated interior design. Its soft curved balconies, timeless materials, and lush landscaping create an immediate sense of calm — a modern retreat perfectly at home in Albury’s leafy heart.
Offering a thoughtfully balanced mix of 3 x threebedroom, 8 x two-bedroom, and 7 x one-bedroom apartments, each carefully designed to maximise space, natural light, and liveability.
Architecture & Design
The façade of 557 is both striking and timeless — clean lines, curved balconies, and soft textures that echo Albury’s relaxed, natural beauty. Generous windows flood each residence with light, while lush landscaping enhances privacy and creates a calm, green outlook.
Interiors
Open-plan living areas invite connection, with choice of natural timber tones or a grey /green polytec cabinetry and stone finishes, soft lighting creating a refined yet welcoming atmosphere. The kitchen is designed for effortless entertaining, featuring Smeg appliances
Bedrooms are spacious and tranquil, with abundant storage and light, while bathrooms pair frameless glass, neutral palettes, and elegant fixtures. Every space feels purposeful, balanced, and beautifully finished — a true reflection of modern boutique living.
The Location
Perfectly positioned just moments from Albury’s vibrant town centre, 557 places the best of the region at your doorstep.
Stroll to cafés, restaurants, and boutique shops, unwind in nearby parks and gardens with the Botanical gardens at your doorstep or explore the Murray River precinct just minutes away. With cultural attractions, quality schools, and easy access to transport links, 557 Thurgoona Street offers the lifestyle flexibility today’s residents seek — connected, calm, and community-minded.
Whether you’re downsizing, investing, or seeking a contemporary new home, 557 Thurgoona Street delivers a rare blend of style, substance, and serenity. Experience the beauty of boutique living, inspired by Albury’s natural charm and modern spirit.
Key Details
Address – 557 Thurgoona Street, Albury Architect – Verve Design Group Developer – Barker Group Sales Team – Stean Nicholls Projects Plans – 3 storey (plus basement car parking), 18 boutique apartments.
The Mix
7 x One Bedroom
8 x Two Bedroom
3 x Three Bedroom
Development Application approved – May 2023
Release Date – December 2025
Estimated Completion – June/July 2026
Off the plan sales for both developments are AVAILABLE NOW. Contact: David Stean 0407 744 478 david@steannicholls.com.au
ARTISTS IMPRESSION 557 THURGOONA STREET
NEW ERA OF LUXURY LIVING ARRIVES WITH DUAL ALBURY DEVELOPMENTS
BANK LANE: HERITAGE MEETS LUXURY LIVING IN THE HEART OF ALBURY
Albury’s 606 Dean Street is set for a striking transformation with BANK LANE, a redevelopment that blends historic character with modern luxury. Originally built in the 1930s as the National Bank, the landmark building will soon offer nine boutique residences and 166m² of premium ground-floor commercial space.
The Residences
Spread across five levels, BANK LANE includes three 1-bedroom apartments, five 2-bedroom apartments, and a standout three-bedroom penthouse with a 147m² private rooftop terrace. Each home is designed to maximise space, natural light, and timeless appeal.
Luxury, Tailored to You
Interiors feature natural textures, refined finishes, and a choice of two sophisticated design palettes. Every detail has been carefully curated to deliver a high-end living experience.
Commercial Opportunity
The 166m² commercial tenancy showcases the building’s original bank frontage, offering prime Dean Street visibility—ideal for boutique retail, hospitality, or professional services.
With rich heritage, thoughtful design, and an unbeatable CBD location, this development offers a rare chance to secure a truly exceptional property.
STEAN NICHOLLS COMMERCIAL: SETTING THE STANDARD IN ALBURY WODONGA
Stean Nicholls Commercial leads in property expertise and trusted partnerships across Albury Wodonga, delivering results for investors, owners, and tenants in commercial, industrial, and retail sectors. Our dedicated team blends market insight, innovative marketing, and hands-on guidance to help clients succeed in a fast-evolving marketplace. With decades of experience and a reputation for integrity, we remain committed to elevating local businesses, supporting the community, and maximizing every property’s value.
A feel good story: 899 Metry Street and Carevan Foundation’s New Chapter
One of Stean Nicholls Commercial’s most uplifting stories this year was the sale of 899 Metry Street. The 1,714 m² industrial property found its next chapter with the Carevan Foundation, a charity renowned for its “Kids Cooking & Caring” initiatives across the region. Enabled by a generous silent benefactor, the sale gives Carevan a strategic and permanent base to expand its outreach, turning property opportunity into meaningful community impact. This transaction stands as a clear example of how Stean Nicholls Commercial fosters innovative partnerships that benefit both sellers and the wider community.
Celebrating tenant excellence, FIKA at 482 Swift Street was recently crowned “Best of the Border - Best Beauty Salon/Spa” in 2025 for its standout service and commitment to wellness. This boutique beauty and skincare studio is a prime example of how a strong tenant, paired with expert property placement, can enhance a precinct and build lasting community connections. FIKA’s achievement is a testament to Albury’s retail vitality and another highlight for the Stean Nicholls Commercial portfolio.
Stean Nicholls Commercial recently listed 522–524 Kiewa Street, Albury, an iconic site with more than 150 years of history. This landmark property presents a rare opportunity to change hands for the first time in over a century, making it truly a oncein-a-lifetime offering. Interest has already come from buyers across New South Wales and beyond, as well as from the local community. Attracting a diverse range of interested parties, this Albury icon continues to capture attention. Stay tuned to see what the next chapter holds.
FIKA: Best of the Border Award Winner
Historic Milestone: Sale of 552-524 Kiewa Street
Giving Back: Challenge Community Support’s Christmas Appeal
Our commitment to community goes beyond property. This festive season, Challenge Community Support, our valued tenant at 554 Englehardt Street has launched the “Every Child Counts” Christmas Appeal, aiming to brighten the holidays for hundreds of local foster children and families. This initiative exemplifies the power of commercial real estate to serve as a hub for compassion and social good. We encourage everyone to get involved and support a cause that truly enriches our community.
Running from 14 September to 14 December 2025, the appeal aims to raise $50,000 to fund meaningful Christmas gifts and grocery vouchers for foster families. These donations allow our Foster Care teams to buy personalised gifts—chosen specifically for each child’s age, interests, and personality—and provide vouchers so families can enjoy a special Christmas meal together.
You don’t need to be a business to make a difference. Every donation—big or small—helps create special memories for a child in foster care this Christmas. Visit donate.challengecommunity.org.au/christmasappeal to make a donation today!
Our Services: Expertise from Start to Finish
Stean Nicholls Commercial offers a full suite of property solutions, including:
• Sales and leasing for all commercial, industrial, and retail assets
• Customised marketing strategies and national reach
• Tailored market appraisals and asset management
• Hands-on project management and sales for off-the-plan developments
• Local and regional commercial expertise
Our team remains dedicated to delivering outstanding results, providing honest advice, and helping you achieve your property goals every step of the way.
Connect with Us
Discover the Stean Nicholls Commercial difference and see how our market insight, local focus, and collaborative approach set your property up for success. Whether you’re buying, selling, leasing, or growing your business in Albury Wodonga, get in touch with the Commercial team today. Your next opportunity could start with a simple conversation.
RECENT RESULTS
RECENT RESULTS
Season to Taste is a beloved Albury culinary boutique known for its premium kitchenware, speciality ingredients, and expert cooking advice. Located in the heart of the CBD, the store offers a carefully curated selection of cookware, gourmet foods, and unique gifts, making it a favourite destination for home cooks, food lovers, and anyone seeking quality culinary essentials with personalised service.
473A Dean Street, Albury. P (02) 6041 4111 @seasontotaste
A STEADY FINISH TO THE YEAR FOR THE ALBURY WODONGA PROPERTY MARKET
A STEADY FINISH TO THE YEAR FOR THE ALBURY WODONGA PROPERTY MARKET
Insights from Stean Nicholls Real Estate
As the year draws to a close, the Albury–Wodonga property market continues to demonstrate a level of consistency that stands out against broader national fluctuations. At Stean Nicholls, we are seeing a steady flow of genuine buyer enquiry, strong engagement at inspections, and a market that remains active right up to the final weeks of the year.
While many buyers are motivated to secure a home before the summer holidays, sellers are equally focused on having their property chosen, negotiated, and settled before Christmas. This alignment of urgency on both sides is helping maintain positive momentum across the region.
Price Sensitivity is Clear—But So Is Buyer Intent
Buyers in Albury–Wodonga are particularly well informed this year. They are comparison-shopping across neighbouring suburbs—from Central Albury and Lavington to Thurgoona, East Albury, West Wodonga, and Baranduda—benchmarking each property against reliable recent sales.
Homes that are well presented, well marketed, and accurately priced are achieving strong enquiry and competitive offers. At Stean Nicholls, the properties that perform best are those launched with realistic expectations, strategic pricing, and a clear understanding of buyer sentiment.
Conversely, listings that begin with overly ambitious price guides tend to experience extended days on market, even in high-demand pockets. Vendors who remain responsive to market feedback, trust the process, and adjust promptly are finding their campaigns not only more efficient, but far less stressful.
Life-Driven Moves Continue to Lead Local Activity
Across the Albury–Wodonga region, people continue to buy and sell for personal, practical reasons rather than speculative ones. Upsizing, downsizing, relocating for career opportunities, adapting to evolving family needs, or changes brought on by marriage, separation, retirement, or bereavement—these remain the dominant motivators for local property decisions.
4 ARDERN PLACE, WODONGA
A STEADY FINISH TO THE YEAR FOR THE ALBURY WODONGA PROPERTY MARKET
This steady stream of life-driven moves is providing the Albury–Wodonga market with a reliable baseline of activity, regardless of seasonal timing or broader economic commentary.
A Market Operating Calmly in a Traditionally Busy Period
Despite the approaching holiday season, the local market is functioning with a calm, measured pace. Buyers who prepare early, secure finance, and understand current market value are placing themselves in a strong position to move decisively. Likewise, sellers who present their home beautifully, price with precision, and engage a skilled agent are achieving strong outcomes before year’s end.
At Stean Nicholls, we are continuing to see wellprepared properties transact efficiently, with premium presentation and targeted marketing campaigns playing a key role in attracting motivated buyers.
Looking Ahead
As the region’s leading property specialists, Stean Nicholls will continue to track market movements closely as we move into the new year. Early indicators point to ongoing confidence, supported by steady demand, limited quality stock, and the enduring appeal of Albury–Wodonga as a lifestyle destination.
If you are considering your next move—or would simply like clarity on your property options before the year wraps up—our team is here to help.
Reach out to Stean Nicholls for informed, personalised guidance backed by deep local expertise.
117-119 HOVELL STREET, HOWLONG
TENANT OF THE MONTH
Basement 533 Dean Street, Albury 0435 568 140
Meet the crew at South Cali Cantina – Albury’s home of fresh California-style Mexican eats, great tunes, and vibrant local culture.
Located right in the heart of town, South Cali Cantina has become a local favourite thanks to its bustling atmosphere and relaxed West Coast vibe. Whether you’re craving tacos, nachos, fajitas, loaded fries or simply a chilled drink with friends, there’s something on the menu for everyone.
Serving up classic Mexican favourites alongside an impressive selection of beers, tequila, and cocktails, South Cali is the perfect spot for lunch, dinner, or a night out. The team prides themselves on fresh ingredients, genuine hospitality, and making every visit a memorable one—whether you’re a longtime regular or stepping in for the first time.
NOW OPEN
After several months of closure for a full refurbishment, South Cali Cantina officially reopened in November 2025, unveiling a brandnew look and even more flavour. The crew is excited to welcome back loyal locals and introduce new visitors to their refreshed space and signature good vibes.
Pop in and soak up the flavours, energy, and warm hospitality for yourself.
Find them at: Basement, 533 Dean Street, Albury Follow: @southcalicantina on Facebook & Instagram for specials, events, and a taste of Cali living in Albury.
DIRECTORS’ MESSAGE
As we move through the current quarter, the Albury Wodonga property market continues to demonstrate resilience and steady momentum, despite broader economic conditions that remain somewhat mixed. Buyers and sellers are navigating an environment shaped by moderating inflation, stabilising borrowing costs, and ongoing demand for quality housing in strong regional centres like ours.
Albury’s market performance has remained impressive, with the median house price now at $907,500,a 6.7% increase over the past 12 months. This sustained growth reflects both the underlying strength of the region and the ongoing shortage of homes. While interest rate movements have dominated national headlines, local buyer confidence has stayed steady, supported by the comparative value offered in regional markets when measured against major metropolitan areas.
Rental demand also remains firm. Albury’s median rent is $545 per week, consistent with the same time last year. Vacancy rates remain tight across the region, contributing to healthy yields for investors and reinforcing the area’s appeal to those seeking stable, long term rental returns.
Wodonga continues to present exceptional opportunity. With a median house price just under $600,000, the city remains one of the most affordable yet high performing markets in regional Victoria. Wodonga has seen roughly 10% capital growth over the past 12 months, outpacing many similar centres. Rental performance is equally strong, with the median rent rising to $520 per week, close to 10% annual growth and a compelling proposition for investors seeking affordability and solid yields.
Population growth projections for the broader Albury Wodonga area continue to strengthen, with federal and state forecasts highlighting ongoing migration to regional areas. Lifestyle appeal, combined with affordability, strong employment sectors, and upgraded infrastructure continues to attract families, professionals, and retirees seeking long term value.
As we move into the final stages of the year, the outlook for the local market is positive. Stable interest rates, strong buyer demand, and limited supply suggest continued competition for well positioned properties. For buyers, the opportunity to secure quality real estate with strong forward growth remains compelling. For sellers, sustained demand and low stock continue to support confident pricing outcomes.
SOCIAL SNAPS
Congratulations! Another one SOLD!
The team were on location for our annual Christmas photoshoot.
Friendly pets on a property COMING SOON!
Derinda celebrated her 40th birthday!.
Some of the team ran in the Flanno 5k raising money for Movember.
Kim helped year 10 students at Scots School Albury with mock interviews to help them prepare for the future.
