OFF MARKET

4/3 King Edward Avenue
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 135m2
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Last updated 16 Dec 2024
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Property Details for 4/3 King Edward Ave, Albion

4/3 King Edward Ave, Albion is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 135m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1970
Land Size
135m2
Local Government
Brimbank
Lot/Plan
11/RP2906

Last Listing description (December 2022)

Be pleasantly surprised upon inspection of this low maintenance single level 2 bedroom unit. Ideal for the first-time property buyer or astute investor looking for guaranteed future growth. Directly adjacent to Barclay reserve and centrally located only 400m to, shopping /entertainment complex, Sunshine and Albion train stations, a myriad of cafes and Restaurants and many other essential services.

Comprising: 2 spacious bedrooms with BIRs, large lounge room, bright functional kitchen with meals area with gas appliances, central bathroom, laundry, a great size courtyard and lockup garage.

Features Include: Ducted reverse cycle heating and cooling (in addition to gas heating), Roller shutters throughout, and maintenance free Terracotta roof.

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Property History for 4/3 King Edward Ave, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$400,000
06 Dec 2022
  • 06 Dec 2022
    Sold for $400,000
  • 19 Nov 2022
    Listed for Sale $390,000 - $410,000
  • 10 Nov 2020
    Sold for $392,000
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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 2,685 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 18 properties listed for sale, and 15 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Albion.

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