A Lavington home has increased in value by $105,000 in just 18 months.
277 Kaitlers Road, Lavington, sold at auction for $398,500 on Friday - $105,000 more than it sold for it June 2020.
It marks a 42 per cent increase in value over 18 months.
The auction attracted competitive bids more than 17 bids from two interested parties and has a rental income of $435 a week.
IN OTHER NEWS:
It was one of three Ray White Albury North properties to sell at auction on Friday.
Agent Andrea Lever said the agency has sold 31 properties at auction in the past three months, with a 100 per cent clearance rate.
A two-bedroom Culcairn home at 11A Wattle Street sold for $357,000 at auction on Thursday - a 157 per cent increase in value since it last sold in September 2012.
While 1/416 Reservoir Road, Lavington - a two bedroom home - sold for $290,000. A 57 per cent increase since it last sold in 2013 for $184,000.
In Wodonga, Stean Nicholls sold 4 Ace Court for $685,000 - a 37 per cent increase in value in just over three years.
The property last sold in August 2018 for $500,000.
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