16 Madden St, Albion is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 607m2 and floor size of 263m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Situated in an elevated pocket of Albion, 'Airlie' is a classic 1920 s Queenslander that is beautifully presented, yet offers the opportunity to value add with future renovations. As you enter through the front verandah and into the home, you are immediately impressed by the polished timber floors, decorative pressed metal ceilings, original timber fretwork, VJ walls and breezeway which create a warm and inviting ambience.
The home offers three good sized bedrooms, plus study all with built-ins cupboards. A large kitchen and breakfast room flow out to a large north facing deck and landscaped gardens, perfect for entertaining. The open plan formal dining and living room flow out to the front wrap-around verandah through original French doors. The bathroom is generous, with clawfoot bath, separate shower and separate toilet. This modern kitchen has gas stove top, large electric oven and dishwasher.
The home is conveniently positioned just a short walk to Albion train station, buses, Albion Village cafes and restaurants, is close to quality schools and only 4kms to the CBD.
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 2,437 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:
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