16 Gunnedah St, Albion is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 627m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
The rarity of the opportunity, the allure of the leafy streetscape and the charismatic spaces of this engaging Edwardian each make a major contribution to the significant appeal of a property where today's comfort is matched by enticing options as the future unfolds. With plans and permits for a double storey townhouse at the rear and the subdivision already done, this is the ideal opportunity for a investor/ developer to take control of your financial future. Equally appealing is the current home and the option to transform it into its former glory. A traditional central hall provides a welcoming introduction to inviting present day proportions rich in painstakingly conserved period detailing and includes three bedrooms beneath original high ceilings, central living and bathroom. To the rear, an updated kitchen and laundry remain entirely serviceable while also reflecting the rewarding scope to update or extend, when so desired, and take even great advantage of one of Albion's most highly regarded addresses within a few minutes walk to Albion train station, Perth Street shops and Selwyn Park. The past, the present and the future are beautifully balanced.
To view plans of rear townhouse please contact Marcus or Stuart on (03) 9311 4550
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:
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