FOR SALE
$415,000 - $450,000

8a Delmont Street
Albion VIC 3020

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Rare opportunity within Albion cul-de-sac

Nestled in one of Albion's most sought-after enclaves, this exceptional vacant land parcel, measuring approximately 15.85m by 16.97m, offers unparalleled potential for discerning buyers or investors. Whether you're envisioning the construction of a lovely family home or a shrewd investment property, this prime allotment comes with plans for a well thought-out three-bedroom townhouse, allowing you to collaborate with your preferred builder to bring your dream to life (STCA).
The location is nothing short of ideal—just a short stroll to lush parklands, scenic walking trails, Albion Station, and the vibrant cafes and eateries on Perth Avenue. Esteemed primary schools are also within easy reach, making this an opportunity that promises both an enviable lifestyle and exceptional future value. Don’t miss your chance to secure a piece of Albion’s thriving community.
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Property Details for 8a Delmont St, Albion

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Land

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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 14 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Albion.

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Natalie Gallenti Brekalo
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