81 Albion RoadAlbion QLD 4010
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.
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
- 06 Sep 2023Sold for $1,100,000
- 11 Apr 2022Listed for Sale Offers Over $1,200,000
- 25 Jan 2022Listed 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 2,468 properties. Over the last 5 years, Houses in Albion have seen a 63.75% increase in median value, while Units have seen a 66.80% increase. As at 31 August 2024:
- The median value for Houses in Albion is $1,252,835 while the median value for Units is $673,592.
- Houses have a median rent of $645 while Units have a median rent of $585.
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