OFF MARKET

1/89 Albion Road
Albion QLD 4010

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 107m2
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Property Details for 1/89 Albion Rd, Albion

1/89 Albion Rd, Albion is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 107m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1971
Floor Size
82m2
Land Size
107m2
Local Government
Brisbane
Lot/Plan
1/BUP7740

Last Listing description (March 2023)

Located in the heart of Albion, you'll find this fabulous well maintained investment with a quality long term tenant in place. Lease expires this August 2023.
Enjoy your morning "cuppa" or evening "sip" on your wrap around balcony & watch the world go by.
Set well back from the road, your view in enhanced by the treed outlook.

The location is so central to access numerous amenities including the Windsor Bowls Club,
coffee shops, restaurants & the Albion Hotel plus it's only a short stroll to Albion railway station.
Features include:
- 2 bedrooms with built ins
- 1 bathroom with separate WC
- Open plan living & dining room with A/C
- Wrap around Balcony
- Treed & private outlook
- Secure access
- Single lock up garage with laundry at the rear
- Drying area & well maintained lawns & gardens
- Guest car parking
Numerous transport options are close by & this location has a high "walk score" as in, most amenities are in easy walking distance.

Complex data:
- Built around 1987
- Small complex of 6 units
- Excellent long term tenant with lease until August 2023
- Current rent $370 PW - Future projected rent $415 PW
- Tenant pays all utilities
- Body Corp: $936 1/4
- Rates: $ 425 PQ approx..
- Located only 4.5kms from Brisbane's CBD
Realistic vendors will consider all interest as need it sold ASAP

Property History for 1/89 Albion Rd, Albion, QLD 4010

A timeline of how this property has performed in the market
Last Sold
$372,000
29 Jan 2023
Listed for Rent
$340/w
13 Sep 2016
  • 29 Jan 2023
    Sold for $372,000
  • 28 Nov 2022
    Listed for Sale Just sold
  • 20 Jun 2016
    Listed for Rent $340 / week
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About Albion 4010

The size of Albion is approximately 1.4 square kilometres. It has 6 parks covering nearly 22.1% of total area. The population of Albion in 2011 was 1,986 people. By 2016 the population was 2,290 showing a population growth of 15.3% in the area during that time. The predominant age group in Albion is 20-29 years. Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation. In 2011, 47.4% of the homes in Albion were owner-occupied compared with 37.5% in 2016.

Albion has 2,438 properties. Over the last 5 years, Houses in Albion have seen a 53.15% increase in median value, while Units have seen a 69.78% increase. As at 31 October 2024:

  • The median value for Houses in Albion is $1,277,626 while the median value for Units is $690,026.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Albion.

Suburb Insights for Albion 4010

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.