SOLD
Sold on 23 Mar 2024 for $520,000

2/529 Ballarat Road
Albion VIC 3020

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
Land area: 93m2
Sold By
Melbourne Residential Property Management
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Property Details for 2/529 Ballarat Rd, Albion

2/529 Ballarat Rd, Albion is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2018. The property has a land size of 93m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Townhouse sold in Albion in the last 12 months.

Building Type
Townhouse
Year Built
2018
Floor Size
93m2
Land Size
93m2
Local Government
Brimbank
Lot/Plan
2/PS808215

Last Listing description (May 2024)

Spacious proportions with functional layout make this townhome one to go all out for. Situated in an excellent residential location close to all facilities with Albion Primary School and Albion rail station a very short stroll away, Sunshine Market Place and Village Cinemas closeby and being so close to the heart of Sunshine CBD really, there should be no stopping you from indulging in this beauty.

Offered in clean condition throughout, and comfortable courtyard surrounds in this private outlook in small development of three homes. Comprises spacious living/dining area, 3 bedrooms (BIRs), 2 bathrooms, galley kitchen area, central bathroom, enclosed laundry, sun soaked east facing balcony upstairs opening from bedrooms, and lock up off street parking area. Features clean living, move straight in and enjoy or invest. A real beauty in an unbeatable location. Note access is from service road between Sydney St and Adelaide St.

*Please note: Access to this property is via Sydney St or Adelaide St and although it's known as Ballarat Rd, it's accessed from the service road alongside. Whilst every care is taken to ensure the accuracy of the sizes, plans & information contained herein, no guarantees or warranties are given. Clients must make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.*

Property History for 2/529 Ballarat Rd, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$520,000
23 Mar 2024
Listed for Rent
$420/w
06 Jul 2022
  • 23 Mar 2024
    Sold for $520,000
  • 08 Mar 2024
    Listed for Sale $500,000 to $550,000
  • 24 Jun 2022
    Listed for Rent $419 / 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 2,682 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 9 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 90 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.