16/31 Ridley StreetAlbion VIC 3020
Property Details for 16/31 Ridley St, Albion
16/31 Ridley St, Albion is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 2176m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (April 2022)
ListedAS - Affordable One Bedroom Apartment
Add an exciting lifestyle dimension to affordable low maintenance living with this renovated single level apartment, in a popular location close to train and bus services, Sunshine Shopping Centre and parklands.
Features: great size bedroom, large living area, central kitchen with quality appliances, floorboards, bright bathroom and parking on title.
A smart start for owners or astute investors, with a potential rental return of approximately 5%.
Call your Area Specialist team now to book an inspection to secure this magnificent home.
Our signs are everywhere... For more Real Estate in Albion contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any pertinent matters.
Property History for 16/31 Ridley St, Albion, VIC 3020
- 15 Mar 2022Sold for $188,000
- 22 Sep 2021Listed for Sale $189,000 - $199,000
- 25 Mar 2000Sold for $44,000
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0About 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 2,684 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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