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Sold on 12 Jul 2024 for $225,000

11/7 King Edward Avenue
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 2146m2
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Property Details for 11/7 King Edward Ave, Albion

11/7 King Edward Ave, Albion is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2146m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Albion in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
54m2
Land Size
2146m2
Local Government
Brimbank
Lot/Plan
33/RP6694

Last Listing description (September 2024)

Don't miss this fantastic opportunity to capture a newly renovated unit in this highly sought after convenient location in Albion within walking distance to the center of Sunshine with its shopping and restaurant strip. Why pay rent when you can enter the property market with this perfect starter home or bachelor pad!

- 1 bedroom with BIR and ensuite with bath and shower, open plan living meals and kitchen,
- Gas cooking, new electric wall heater, new window blinds, new flooring,

- Conveniently located on ground floor,
- Car space on title,
- Coin laundry in building,

Location key attributes:

- Short walk to Sunshine and Albion train stations and bus services, and with major road links close by,
- Opposite Barclay Reserve,
- Approximately a 500m via the Devonshire St walking rail line overpass to Sunshine's shopping/business center and restaurant strip.

Contact Brenda Ngan on 0435 152 545 now to obtain details

Property History for 11/7 King Edward Ave, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$225,000
12 Jul 2024
Listed for Rent
$200/w
12 Dec 2012
  • 10 Jul 2024
    Sold for $225,000
  • 19 Jun 2024
    Listed for Sale $220,000 - $240,000
  • 17 Nov 2012
    Listed for Rent $200 / week
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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 2,686 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 26 properties listed for sale, and 7 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Albion.

Suburb Insights for Albion 3020

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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.