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Sold on 26 Apr 2024 for $138,000

17/2-4 The Gables
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 17/2-4 The Gables, Albion

17/2-4 The Gables, Albion is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Apartment sold in Albion in the last 12 months.

Building Type
Apartment

Last Listing description (April 2024)

Rarely encountered yet highly coveted, this exceptional chance awaits to secure a first-floor, one-bedroom apartment conveniently situated within close proximity of all amenities. Offering a blank canvas, this apartment presents an unparalleled opportunity for a complete overhaul, allowing you to imprint your unique style and taste. Roll up your sleeves and unleash your creativity to craft the perfect home or investment.

With the forthcoming updates to Albion (600m approx.) & Sunshine stations (1.2km approx.) just a stroll away, along with Sunshine Central and its myriad attractions, the vibrant Perth Ave café precinct (1.3km approx.), and numerous parks and walking trails nearby, this location stands unrivalled. Furthermore, the future Costco site currently under construction promises even greater convenience and value. For those possessing foresight, this opportunity is ripe for the taking, with prospects for future growth soaring. Reach out to the listing agents to schedule your private appointment or obtain further details.

Property History for 17/2-4 The Gables, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$138,000
26 Apr 2024
Listed for Rent
$350/w
16 Sep 2024
  • 16 Sep 2024
    Listed for Rent $350 / week
  • 26 Apr 2024
    Sold for $138,000
  • 16 Apr 2024
    Listed for Sale Under Offer
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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, 90 properties were sold in the past 12 months in Albion.

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Ivan Juricevich
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Barry Plant - Sunshine
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