10/7 King Edward AvenueAlbion VIC 3020
Property Details for 10/7 King Edward Ave, Albion
10/7 King Edward Ave, Albion is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 2146m2 and floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (January 2023)
A compact, convenient and nicely upgraded place to start or expand your investment portfolio or a place to call it home. Nestled in a prime position within walking distance to the major shopping area of Sunshine, local schools, transport and cinema complex.
Featuring 1 Bedroom with a built in robe, updated kitchen with electric appliances, comfortable lounge, renovated bathroom and a car space on title.
Within walking distance to Albion and Sunshine Train Station and easy access to Western Ring Road.
Currently tenanted, on a fixed lease till end of October, returning $910 pcm.
IMPORTANT COVID-19 Announcement
When you are booked to attend a private inspection, we request that you only attend if you are fit and healthy to do so. You also are not allowed to inspect if you are under any self-isolation conditions. We request that you maintain a required distance from anyone attending the inspection, including other prospective buyers if they are waiting in line, if requested wait outside so as to reduce the number of people in the property at any one time. Please keep the distance from and our team members as well.
Please request the agent's assistance If you would like to view or open doors or
any other fixtures within the property and avoid any touching of surfaces.
Thank you for your collaboration.
Property History for 10/7 King Edward Ave, Albion, VIC 3020
- 11 Nov 2022Listed for Sale $195,000 - $210,000
- 30 Aug 2022Listed for Sale $195,000 - $210,000
- 27 Sep 2021Sold for $202,500
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0About 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 2,681 properties. Over the last 5 years, Houses in Albion have seen a 4.39% increase in median value, while Units have seen a -10.38% decrease. As at 31 October 2024:
- The median value for Houses in Albion is $687,616 while the median value for Units is $378,143.
- Houses have a median rent of $475 while Units have a median rent of $360.
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