OFF MARKET

11/4 Forrest Street
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 1059m2
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Last updated 11 Nov 2024
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Property Details for 11/4 Forrest St, Albion

11/4 Forrest St, Albion is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1059m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1960
Floor Size
59m2
Land Size
1059m2
Local Government
Brimbank
Lot/Plan
11/RP727

Last Listing description (May 2022)

This unit has been fully renovated and conveniently located within close proximity to local schools, shops and public transport.

Comprising two good sized bedrooms with built in robes. Central bathroom with bath tub, floating timber floors, modern kitchen with ample storage and laundry facilities and reverse cycle split system.

Property History for 11/4 Forrest St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$276,000
02 Feb 2021
Listed for Rent
$260/w
19 May 2022
  • 08 Apr 2022
    Listed for Rent $260 / week
  • 24 Jun 2021
    Listed for Rent $270 / week
  • 02 Feb 2021
    Sold for $276,000
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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 2,684 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.
There are currently 25 properties listed for sale, and 3 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Albion.

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