19/23 King Edward AvenueAlbion VIC 3020
Property Details for 19/23 King Edward Ave, Albion
19/23 King Edward Ave, Albion is a 1 bedroom, 1 bathroom Unit and was built in 1972. The property has a land size of 1837m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in February 2015.
Last Listing description (February 2015)
Even in its original condition this apartment still has some stand out features.
Starting with the high ceilings and Japanese inspired glass wall separating the kitchen and living, this apartment is sure to impress the keen renovator.
Flooded with natural light by a window in every room, this apartment not only feels spacious it is.
Other features;
New hot water service
Designated car parking
Communal laundry facilities
Security screen door
Freshly painted entrance
Albion is a great location and this apartment is only a 10 minute walk to the Albion train station, Sunshine Marketplace, Cinema and local Schools.
This would be a great start into the property market for an investor looking to renovate and reap the rewards of capital growth from a suburb tipped to boom.
Property History for 19/23 King Edward Ave, Albion, VIC 3020
- 18 Feb 2015Sold for $175,000
- 30 Jun 2014Listed for Sale OFFERS FROM $168,000
- 25 Apr 2014Listed for Rent - Price not available
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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.
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