FOR SALE
$230,000 - $250,000

19/2-4 The Gables
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Updated and Leased for $390 per week

Sleek, contemporary, as new one bedroom apartment situated within a modern complex showcasing excellent indoor space with quality fixtures and fittings. A leafy cul de sac position with parklands around the corner, Albion Train Station across the road and cafes and local shopping a short stroll away, makes this a very tempting proposition for first home buyers, investors or those seeking a low maintenance lifestyle.
Comprising: 1 generous bedroom with BIR, open plan living, modern kitchen with stainless steel appliances and stone bench tops, striking bathroom with laundry facilities.
Features: split system heating/cooling and car space on title.
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Property Details for 19/2-4 The Gables, Albion

19/2-4 The Gables, Albion is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Bells Real Estate.

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Apartment

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About Albion 3020

The size of Albion is approximately 2.5 square kilometres. It has 8 parks covering nearly 23.6% of total area. The population of Albion in 2011 was 4,336 people. By 2016 the population was 4,741 showing a population growth of 9.3% in the area during that time. The predominant age group in Albion is 30-39 years. Households in Albion are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Albion work in a labourer occupation. In 2011, 49.4% of the homes in Albion were owner-occupied compared with 48.5% in 2016.

Albion has 2,653 properties. Over the last 5 years, Houses in Albion have seen a 10.73% increase in median value, while Units have seen a 6.06% increase. As at 31 August 2024:

  • The median value for Houses in Albion is $708,648 while the median value for Units is $380,845.
  • Houses have a median rent of $470 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 8 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Albion.

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Dean Larti
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Bells Real Estate
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