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Sold on 13 Jan 2024 for $750,000

1 Perth Avenue
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1 Perth Ave, Albion

1 Perth Ave, Albion is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Albion in the last 12 months.

Building Type
House

Last Listing description (January 2024)

Nestled in a beautiful native allotment that spans the corner of Selwyn Park, this single level, weather board home will excite young families, investors, developers and those looking to put their own stamp on the leafy allotment. A property that exudes original charm and offers a world of possibilities in a highly sought-after and close-knit community. With a subtle touch of retro vibe, this cozy residence awaits the perfect buyer to either show it some love or breathe new life into its eclectic features.

Sitting on an expansive allotment approx 674sqm, the property opens up limitless potential for buyers to renovate, rebuild their dream home, invest, or even consider development opportunities (STCA). Inside, the home boasts two bedrooms, a separate kitchen, dining, and living room, along with central bathroom, laundry facilities and WC. As inviting as its interior, the property front and back gardens create a lush oasis filled with cherry blossom and fruit trees.

And the location – well it couldn't be better. Surrounded by some of Brimbank finest cafes

and eateries, such as Sadie Black Café, Mitko Deli & Café and Cinnabuns, your culinary
cravings will always be satisfied. For families, quality schools like St Theresas Primary School, Albion Primary School, and Albion Kindergarten are only a short walk away. Plus, Albion train station is conveniently around the corner, making commuting a breeze. Add to this easy access to Ballarat Rd, Western Ring Road, and the Melbourne CBD less than 14km away, making this property an enviable and convenient address, offering endless possibilities and potential. Dont miss out on this exciting opportunity!

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Property History for 1 Perth Ave, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$750,000
13 Jan 2024
  • 20 Jan 2024
    Sold for $750,000
  • 12 Dec 2023
    Listed for Sale $630,000 - $670,000

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About Albion 3020

The size of Albion is approximately 2.5 square kilometres. It has 8 parks covering nearly 23.6% of total area. The population of Albion in 2011 was 4,336 people. By 2016 the population was 4,741 showing a population growth of 9.3% in the area during that time. The predominant age group in Albion is 30-39 years. Households in Albion are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Albion work in a labourer occupation. In 2011, 49.4% of the homes in Albion were owner-occupied compared with 48.5% in 2016.

Albion has 2,685 properties. Over the last 5 years, Houses in Albion have seen a 2.23% increase in median value, while Units have seen a 12.14% increase. As at 30 November 2024:

  • The median value for Houses in Albion is $680,285 while the median value for Units is $405,725.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 18 properties listed for sale, and 15 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Albion.

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