OFF MARKET

139 Anderson Road
Albion VIC 3020

Bedrooms: 8
Bathrooms: 6
Car spaces: 6
Floor area: 69m2
Land area: 1171m2
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Property Details for 139 Anderson Rd, Albion

139 Anderson Rd, Albion is a 8 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1970. The property has a land size of 1171m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1970
Floor Size
69m2
Land Size
1171m2
Local Government
Brimbank
Lot/Plan
6/LP4860

Last Listing description (November 2021)

This property is open for inspection. In accordance with Victorian Government requirements, only fully vaccinated people will be able to attend the open for inspection and/or auction for this property.

Absolutely alluring due to its exceptional future possibilities, the expansive 1171sqm (approx) land dimensions with huge 18.29m wide frontage that surround this late 3 Bedroom, 1 bathroom Edwardian, with 5 x 1 bedroom, 1 bathroom adjoining additional units at the rear proffer plentiful options for investment, renovation or redevelopment scenarios (STCA). Developers and new home builders will recognise the remarkable potential for either a multi-unit development or luxury new home site with a pool (STCA). Currently collecting an attractive rental income for 4 of the units at approximately $41,100 per annum whilst you ponder future plans on how to transform this dream site with dream dimensions into something state-of-the-art. Positioned in Sunshine Primary & Secondary catchments, close to Anderson Road Child Care Centre, HV McKay Memorial Gardens, Victoria University, buses, trains, Shopping Centres and all that Sunshine has to offer.

Note: Internal photos are of units 4 and 6.

Property History for 139 Anderson Rd, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$1,200,000
20 Nov 2021
  • 20 Nov 2021
    Sold for $1,200,000
  • 28 Oct 2021
    Listed for Sale $1,000,000 - $1,100,000
  • 25 Oct 2019
    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 2,653 properties. Over the last 5 years, Houses in Albion have seen a 10.73% increase in median value, while Units have seen a 6.06% increase. As at 31 August 2024:

  • The median value for Houses in Albion is $708,648 while the median value for Units is $380,845.
  • Houses have a median rent of $470 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 97 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.