OFF MARKET

23 Norwood Street
Albion VIC 3020

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 616m2
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Property Details for 23 Norwood St, Albion

23 Norwood St, Albion is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 616m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1960
Floor Size
106m2
Land Size
616m2
Local Government
Brimbank
Lot/Plan
121/LP33292

Last Listing description (June 2018)

Nestled in a tree lined street, this original brick veneer home offers multiple options.
Great opportunity for an investment, attractive to first home buyers looking for the area that has enormous potential for further growth or development . There is an option to keep the property and add another dwelling at the rear of simply develop the site(Subject to Council Approval).
First time on offer, this home comprises 3 bedrooms, formal living, kitchen adjoining meals area, central bathroom and separate toilet.

Featuring also ducted heating, electric roller shutters, terracotta roof and single garage with plenty space for additional parking.
Zoned General Residential Zone 1
Land size 614m2 (Approx.)
The property definitely needs some work, if you're looking to renovate. However, based on current median price in Albion, this one comes as an absolute bargain at this price.
Do not wait until is too late as this type of deal doesn't come too often !

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Property History for 23 Norwood St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$610,000
21 May 2018
  • 21 May 2018
    Sold for $610,000
  • 26 Mar 2018
    Listed for Sale SOLD - $610,000
  • 05 Dec 2017
    Transferred

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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.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Albion.

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