OFF MARKET

32 Ridley Street
Albion VIC 3020

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 1171m2
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Property Details for 32 Ridley St, Albion

32 Ridley 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 1171m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in April 1999.

Building Type
House
Year Built
1960
Floor Size
126m2
Land Size
1171m2
Local Government
Brimbank
Lot/Plan
64/LP4860

Last Listing description (May 2018)

Homes Group Estate Agents are proud to present for sale 32 Ridley Street, Albion.

This rare opportunity to secure 1,162sqm (approx.) of land positioned in the heart of Albion and located in the neighbourhood residential zone, within close proximity to Albion train station, schools, bus stops, Barclay reserve and the Sunshine's shopping district.


This large allotment offers tremendous development potential, with approx. 18m frontage with a three bedroom brick veneer home sitting forward on the parcel of land which leaves plenty of room for multi-unit development (STCA). Plans and permits for 5 townhouses are now expired but highlight the potential of the land on offer.

Albion continues to grow rapidly and this could be your chance to invest in prime land in this prized location. Do not let this one get away and look back wishing you had purchased it.

For further information regarding 32 Ridley Street, Albion or to arrange an inspection please contact Matt O'Brien on 0422 107 733 or Bojan Lojanica on 0412 570 584. Homes Group Estate Agents Sunshine 03 9311 6161

Property History for 32 Ridley St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$143,000
10 Apr 1999
  • 04 Nov 2016
    Listed for Sale Not Disclosed
  • 20 Sep 2014
    Listed for Sale $850,000-$900,000
  • 10 Apr 1999
    Sold for $143,000

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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.