OFF MARKET

15 Derrimut Street
Albion VIC 3020

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 92m2
Land area: 1012m2
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Property Details for 15 Derrimut St, Albion

15 Derrimut St, Albion is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1990. The property has a land size of 1012m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1990
Floor Size
92m2
Land Size
1012m2
Local Government
Brimbank
Lot/Plan
50/LP8975

Last Listing description (February 2022)

Outstanding opportunity to add to your property portfolio. Ideal property for someone looking at buying an entire complex of units sitting on 1027sqm approx. comprising of 3 x 2-bedroom units on one title with existing tenants in place.

Located in a popular street with easy access to everything Albion has to offer including popular schools, cafes, shopping precincts and Albion train station only 250 meters away. Feel like you are amongst nature with Kororoit creek's walking and bicycle tracks at your doorstep.

Currently tenanted:

Unit 1 - Vacant
Unit 2 - $280.00 per week month to month
Unit 3 - $320.00 per week until 07.05.2022

Each property consists of:
2 bedrooms with built in robes
Split system heating & cooling
Spacious lounge room
Great size kitchen with everyday meals area
Large bathroom & separate laundry
Single garage

Property History for 15 Derrimut St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$1,450,000
26 Feb 2022
  • 26 Feb 2022
    Sold for $1,450,000
  • 21 Jan 2022
    Listed for Sale $1,100,000 - $1,200,000
  • 27 Jan 2001
    Sold for $350,000
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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 2,686 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.