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Border real estate agents are expecting another strong day of auction action on Saturday, with low interest rates and limited housing stock continuing to drive high house prices in Albury-Wodonga.
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McGrath Real Estate principal Gabrielle Douglas said there had been a decent amount of interest for both 42 McLeod Street, West Albury (auction at 10.30am) and 280 Olive Street, South Albury (auction at 12pm).
The McLeod Street property was last sold for $735,000 in April 2020 according to realestate.com.au and has undergone significant renovations since.
While the Olive Street home is a "blank canvas" in a growing neighbourhood, Ms Douglas said.
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"It's a solid original house and shed at the back, we've had good interest in it as it's a real blank canvas at the moment someone can do something with," she said.
Ms Douglas said some potential buyers were looking to renovate the 696sqm home which last sold for $260,000 in 2016, according to realestate.com.au.
The real estate agent said South Albury was "just starting to be discovered" and attracting a lot of interest.
Stean Nicholls will be auctioning 440 Wilson Street on Saturday at 12pm, a multi-use property which can be used as a commercial or residential residence.
Stean Nicholls' Lachlan Hutchins said there were some good interested parties ahead of the auction, mainly looking at the property for commercial use.
Two three-bedroom homes will also go under the hammer in Wodonga, 4 Player Court at 11am and 11 Borland Circuit at 11.30am.
- MORE: Real Estate View