SOLD
Sold on 09 Mar 2024 for $180,000

3/14 Forrest Street
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 1060m2
Sold By
Falcone Real Estate Sunshine
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Property Details for 3/14 Forrest St, Albion

3/14 Forrest St, Albion is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1060m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Albion in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
55m2
Land Size
1060m2
Local Government
Brimbank
Lot/Plan
11/SP26166

Last Listing description (May 2024)

Internally this neat flat comprises of 1 bedroom with built in robe, open plan lounge, kitchen and meals, bathroom with combined bathtub and shower, laundry and an allocated car space. Features include window dressing, electric heater and electric cooking appliances. Property is positioned in a great location being minutes to Sunshine train station, Sunshine Market place, Albion train station, local primary and secondary schools and local shops.
Currently tenant $ 867 per month on a month by month agreement

Property History for 3/14 Forrest St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$180,000
09 Mar 2024
Listed for Rent
$230/w
03 Aug 2021
  • 09 Mar 2024
    Sold for $180,000
  • 15 Nov 2023
    Listed for Sale $220,000
  • 26 Feb 2021
    Listed for Rent $230 / 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 2,653 properties. Over the last 5 years, Houses in Albion have seen a 10.73% increase in median value, while Units have seen a 6.06% increase. As at 31 August 2024:

  • The median value for Houses in Albion is $708,648 while the median value for Units is $380,845.
  • Houses have a median rent of $470 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 97 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.