OFF MARKET

81 Albion Road
Albion QLD 4010

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 78m2
Land area: 809m2
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Property Details for 81 Albion Rd, Albion

81 Albion Rd, Albion is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 809m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1955
Floor Size
78m2
Land Size
809m2
Local Government
Brisbane
Lot/Plan
5/RP19047

Last Listing description (October 2023)

Options are a plenty here for Investors, Developers and Owner Occupiers!

Located on a level 809m2 lot with LMR zoning and within 4km of the CBD this Duplex returns an impressive $52,000 gross/annum! The property features:


1 x 2 bedroom, 2 bathroom and 1 x 2 Bedroom, 1 bathroom configuration (see Floor Plan)
Immaculate condition throughout with new carpets, fresh paint and air conditioning
Secure off street parking for two vehicles, plentiful storage areas under
Fully tenanted returning $52,000/annum
Ideal for the astute Investor, add to your Self Managed Superannuation Portfolio
Developers may choose to remove the dwelling and build a Unit complex
Owner Occupiers may choose to live in one half and enjoy the rental income from the other!

City bound rail is literally 300 metres away and the new Lutwyche Shopping Village and Albion Restaurant Precinct are within easy distance. Investment opportunities this close to the CBD are scarce, so submit your Offer!

Call Michael McMahon on 0413806161 or e-mail michael.mcmahon@mgmhomes.com.au

Property History for 81 Albion Rd, Albion, QLD 4010

A timeline of how this property has performed in the market
Last Sold
$1,100,000
06 Sep 2023
Listed for Rent
02 Feb 2022
  • 06 Sep 2023
    Sold for $1,100,000
  • 11 Apr 2022
    Listed for Sale Offers Over $1,200,000
  • 25 Jan 2022
    Listed for Rent - Price not available
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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 2,437 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:

  • 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 22 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.