Albury home increased in value by 170 per cent in five years

613-615 Schubach Street, East Albury, attracted multiple bidders at auction on Saturday before selling for a significant $890,000.

The 1930s refurbished home has exposed beams, an open plan living area and period features.

The renovated 810 square metre block last sold in 2015 for $329,000.

Saturday's auction price, brokered by Stean Nicholls, represented a 170 per cent increase in value in just five years.

About sixty people attended the sale, which was held in the property's sizeable backyard.

The property was one of five up for auction in Albury-Wodonga on Saturday, the majority of which sold.

IN OTHER NEWS:

A three-bedroom, two-bath home brick home with ornate detailing at 630 Olive Street, Albury, sold during an online auction by Stean Nicholls for an undisclosed price.

The classically Victorian-style home, Flood Nagle, featured 13 foot high ceiling hall and European oak floors teamed with modern interiors throughout its 779 square metre footprint.

While a two-bedroom townhouse in Wodonga sold above expectation at auction.

The home featured a covered alfresco area and garden.

Agents PJ Murphy Real Estate had set an indicative selling range for 2/99 Mitchell Street, Wodonga, of between $280,000 to $300,000.

However heated, and quick, bidding on the day saw the final sale price rise to $322,000.

A four-bedroom home in central Albury, 630 Kiewa Street, was passed in at auction.

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