OFF MARKET

3/36 Ridley Street
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 36m2
Land area: 2289m2
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Last updated 11 Nov 2024
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Property Details for 3/36 Ridley St, Albion

3/36 Ridley St, Albion is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 2289m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1975
Floor Size
36m2
Land Size
2289m2
Local Government
Brimbank
Lot/Plan
3/RP6682

Last Listing description (August 2023)

This impressive updated apartment presents a desirable option for a buyer keen to move right in, scale-down or add to their investment portfolio.

Step inside and be greeted by the light filled separate formal lounge, with adjoining meals area and updated kitchen with electric cooktops and oven. This apartment comprises of a sizable bedroom with built in robes, which is serviced by a stylish bathroom. Further features include roller blinds and reverse cycle heating/cooling.

Situated within a short walking distance to Sunshine & Albion Train Stations, bus services, local schools, cafés /restaurants, Victoria Uni, Sunshine Market Place and a quick drive to Western Ring Road.

Note: Currently tenanted on a fixed term lease till 02/09/2023 @ $1152.00 pcm

Property History for 3/36 Ridley St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$200,000
31 Jul 2023
Listed for Rent
$260/w
09 Sep 2021
  • 31 Jul 2023
    Sold for $200,000
  • 23 Mar 2023
    Listed for Sale $220,000 - $240,000
  • 08 Jul 2021
    Listed for Rent $260 / 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 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 7 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 92 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.