OFF MARKET

18/5 King Edward Avenue
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 1982m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low
High
Share
Save

Property Details for 18/5 King Edward Ave, Albion

18/5 King Edward Ave, Albion is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1982m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1970
Floor Size
66m2
Land Size
1982m2
Local Government
Brimbank
Lot/Plan
37/RP2905

Last Listing description (December 2022)

Located in the heart of Albion, this 2 bedroom apartment is a prime opportunity for investors or first home buyers to secure a well-kept home in a fantastic location which is only going up in value with future infrastructure.

Walking distance to Albion and Sunshine stations, both of which are in line for updates with the incoming airport rail link along with additional eateries and boutique stores.


Local parks and walking tracks including Selwyn Park, Kororoit creek, and Barclay reserve across the street.

A large open living area is flanked by a well-equipped kitchen with ample storage & dining space and walk
out balcony.

2 generous bedrooms are serviced by a central bathroom with laundry space and separate toilet.
An onsite undercover car space completes the package.

Currently tenanted until February 2023 with a $1065 pcm rental return this is an ideal addition to your portfolio.

Contact Ivan Juricevich for more info and to secure your next purchase now.

INSPECTION VIA APPOINTMENT ONLY - CONTACT IVAN JURICEVICH.

Show More

Property History for 18/5 King Edward Ave, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$228,000
28 Nov 2022
Listed for Rent
$240/w
29 Mar 2021
  • 28 Nov 2022
    Sold for $228,000
  • 15 Jul 2022
    Listed for Sale $230,000 - $250,000
  • 16 Mar 2021
    Listed for Rent $240 / week
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 26 properties listed for sale, and 7 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Albion.

Albion Profile Page

Suburb Insights for Albion 3020

Visit Albion profile page
Market Insights
Albion Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Albion Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Albion profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED