12/3 King Edward AvenueAlbion VIC 3020
Property Details for 12/3 King Edward Ave, Albion
12/3 King Edward Ave, Albion is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 132m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (December 2015)
Nestled in a quiet part of Albion this freshly painted and updated two bedroom unit offers the first home buyer or savvy investor a great entry to this fabulous locale. Positioned just moments to vibrant central sunshine, buses, trains, parklands and shopping - the location is brilliant.
Larger than average and finished with a crisp modern colour palette, the unit comprises a bright lounge room, neat kitchen with meals area, 2 bedrooms, master with BIR, central bathroom and separate laundry facilities.
The property also features split system heating / cooling, floorboards, single garage and a private courtyard completes the package of this terrific unit.
Property History for 12/3 King Edward Ave, Albion, VIC 3020
- 07 Nov 2015Sold for $285,000
- 16 Oct 2015Listed for Sale $270,000 - $290,000
- 07 Sep 2013Listed for Rent $260 / 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.
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