OFF MARKET

16/7 King Edward Avenue
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
Land area: 2146m2
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Property Details for 16/7 King Edward Ave, Albion

16/7 King Edward Ave, Albion is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2146m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in June 2009.

Building Type
Unit
Year Built
1970
Floor Size
39m2
Land Size
2146m2
Local Government
Brimbank
Lot/Plan
38/RP6694

Last Listing description (July 2016)

This one bedroom, one bathroom unit is sitauted close to shopping facilities, public transport and schools. Includes a spacius lounge room, bathroom facilities and one car space. This quaint unit is located on the ground floor and is only a short stroll to Sunshine Shopping Plaza.
Pets are permitted.
Inspection is a must!

Property History for 16/7 King Edward Ave, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$145,650
06 Jun 2009
Listed for Rent
$200/w
26 Jul 2016
  • 04 Jul 2016
    Listed for Rent $195 / week
  • 02 Jun 2014
    Listed for Rent $195 / week
  • 26 Nov 2012
    Listed for Rent $185 / 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 2,685 properties. Over the last 5 years, Houses in Albion have seen a 2.23% increase in median value, while Units have seen a 12.14% increase. As at 30 November 2024:

  • The median value for Houses in Albion is $680,285 while the median value for Units is $405,725.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 18 properties listed for sale, and 15 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Albion.

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