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Sold on 02 Nov 2024 for $230,000

23/2-4 The Gables
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 23/2-4 The Gables, Albion

23/2-4 The Gables, Albion is a 1 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 2024. There are other 1 bedroom Apartment sold in Albion in the last 12 months.

Building Type
Apartment

Last Listing description (November 2024)

An affordable entry into the market place with this beautifully refurbished, low maintenance ground level apartment set within Albion’s most convenient locality, being only minutes to Sunshine Shopping Plaza, cinema complex, train station, buses and schools.

This apartment delivers quality accommodation ideally suited to the first home buyer or astute investor. The property features an open plan living/dining, well equipped kitchen with gas stove, stainless steel dishwasher, split system, central bathroom with laundry and WC facilities.

Don’t miss out on a great opportunity in this sought after location.

Property History for 23/2-4 The Gables, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$230,000
02 Nov 2024
Listed for Rent
$220/w
30 Sep 2021
  • 02 Nov 2024
    Sold for $230,000
  • 21 Sep 2024
    Listed for Sale $220,000 - $240,000
  • 14 Sep 2021
    Listed for Rent $220 / 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 2,686 properties. Over the last 5 years, Houses in Albion have seen a 2.23% increase in median value, while Units have seen a 12.14% increase. As at 30 November 2024:

  • The median value for Houses in Albion is $680,285 while the median value for Units is $405,725.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 19 properties listed for sale, and 16 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Albion.

Suburb Insights for Albion 3020

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Dean Larti
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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.