4/3 King Edward AvenueAlbion VIC 3020
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.
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.
Property History for 4/3 King Edward Ave, Albion, VIC 3020
- 06 Dec 2022Sold for $400,000
- 19 Nov 2022Listed for Sale $390,000 - $410,000
- 10 Nov 2020Sold 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 2,686 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.
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