OFF MARKET

16 Gunnedah Street
Albion VIC 3020

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 627m2
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Property Details for 16 Gunnedah St, Albion

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.

Building Type
House
Year Built
1920
Floor Size
110m2
Land Size
627m2
Local Government
Brimbank
Lot/Plan
72/LP8975

Last Listing description (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

Property History for 16 Gunnedah St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$768,000
02 Dec 2017
Listed for Rent
$285/w
10 Mar 2015
  • 02 Dec 2017
    Sold for $768,000
  • 31 Oct 2017
    Listed for Sale $680,000 - $730,000
  • 12 Feb 2015
    Listed for Rent $285 / 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 2,686 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 27 properties listed for sale, and 6 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.