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Sold on 02 Mar 2024 for $195,000

13/31 Ridley Street
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 13/31 Ridley St, Albion

13/31 Ridley St, Albion is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Albion in the last 12 months.

Building Type
Unit
Local Government
Brimbank
Lot/Plan
33/RP10114

Last Listing description (March 2024)

Sweet, neat and destined to make your debut in property ownership enjoyable, this one bedroom apartment makes equally irresistible sense from an investment perspective. Proximity to Sunshine station, several parks and Sunshine's shopping and business hub enhances the appeal of an entry level address featuring well-maintained proportions, timber float flooring, inviting living/meals, an open-plan kitchen and a generous bedroom with an ensuite. An allocated car space adds an ideal finishing touch to an apartment that makes starting out simple and finding that first foothold in the market easy.

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Property History for 13/31 Ridley St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$195,000
02 Mar 2024
Listed for Rent
$235/w
19 Jun 2020
  • 02 Mar 2024
    Sold for $195,000
  • 05 Feb 2024
    Listed for Sale $195,000
  • 15 Jun 2020
    Listed for Rent $235 / 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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Danielle Fordham
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OBrien Real Estate Sunshine
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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.