OFF MARKET

2 Albury Street
Albion VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 540m2
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Property Details for 2 Albury St, Albion

Building Type
Land
Land Size
540m2
Local Government
Brimbank
Lot/Plan
1/TP143219

Last Listing description (September 2023)

Utilise the existing permit or explore the multitude of options.

With approved permits for 5 contemporary townhouses and over $130,000 already invested in the proposed development including:

• Architectural Drawings
• Council contributions
• Surveying
• Engineering
• Demolition works
• Greater Western Water contributions
• Power pit
• Drainage and much more!

This is the perfect opportunity for builders/developers or investors!

Alternatively explore other options such as a carwash facility or drive through coffee shop with massive main road exposure! STCA.

Plans and documents available on request

Property History for 2 Albury St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
06 Sep 2023
  • 05 Sep 2023
    Sold for $770,000
  • 28 Jun 2023
    Listed for Sale Not Disclosed
  • 30 May 2018
    Sold for $706,002
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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 2,650 properties. Over the last 5 years, Houses in Albion have seen a 11.85% increase in median value, while Units have seen a 12.13% increase. As at 31 July 2024:

  • The median value for Houses in Albion is $713,031 while the median value for Units is $405,737.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 95 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.