21/5 King Edward AvenueAlbion VIC 3020
Property Details for 21/5 King Edward Ave, Albion
21/5 King Edward Ave, Albion is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in Albion in the last 12 months.
Last Listing description (November 2023)
Situated in the vibrant heart of Albion, this tastefully updated top-floor apartment offers an ideal canvas for creating new memories, whether you're seeking a new place to call home or aiming for a strong rental return as an astute investor. The apartment features a modernized kitchen with ample counter space and storage, complemented by electric cooking facilities and a dining area. The generously-sized lounge area is flooded with natural light and opens up to a city facing balcony, providing a perfect retreat to unwind in the evenings.
The well-maintained bathroom incorporates laundry facilities and a separate WC, serving two bedrooms, with the main bedroom boasting a spacious built-in wardrobe. In addition to the apartment, there is an on-title undercover car space for added convenience.
Benefiting from its proximity to Albion's local amenities, including Barclay Reserve, King Edward Reserve, Selwyn Park, and the Perth Avenue cafe precinct, as well as Albion, Ardeer, and Sunshine train stations, all within walking distance. Easy access to Sunshine Hospital, Sunshine Central shopping district, and the CBD, just a short 13 kilometers away, further enhances the appeal of this opportunity. Don't miss out on this perfect chance - reach out to Ivan Juricevich for your private tour and additional information.
Property History for 21/5 King Edward Ave, Albion, VIC 3020
- 27 Nov 2023Sold for $250,000
- 01 Nov 2023Listed for Sale Under Offer
- 17 Dec 2021Listed for Rent $250 / week
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0About 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 2,681 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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