29 Store St, Albion is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 481m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in February 2014.
Potential meets Position in Inner North Hotspot
Positioned in quiet cul-de-sac just a stones throw from the vibrancy of Albion village, 29 Store Street is an exciting entry or investment option in one of the inner North's most tightly held pockets. Sitting on a generous 481sqm of elevated land the existing home has been recently painted and is divided to offer two completely separate living quarters with dual kitchen, living and bedrooms areas providing options for a variety of living situations.Potential really is the key here with this property representing incredible scope for reconfiguration, enhancement and/or development (STCA). Presenting an exceptional canvas for the savvy purchaser and offered for sale for the first time in 30+ years this property represents great value for investors seeking solid returns and capital growth potential in this popular CBD fringe area.Development in Albion is thriving with big and small investors poised to make the most of this fabulous position so close to the City and with unsurpassed access to the Airport, ICB, train and tunnel infrastructures making travel hassle free whatever your destination. The village itself is growing and is in an exciting changeling phase as older established business sit happily beside dynamic boutique eateries and restaurants. Undoubtedly, the only way is up in this unique urban hotspot, the only question is whether you'll be part of it or miss out!
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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