OFF MARKET

4 Norwood Street
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 640m2
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Property Details for 4 Norwood St, Albion

4 Norwood St, Albion is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 640m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1960
Floor Size
119m2
Land Size
640m2
Local Government
Brimbank
Lot/Plan
87/LP33292

Last Listing description (October 2021)

**ONE ON ONE PRIVATE INSPECTIONS NOW AVAILABLE**

Please refer to the inspection time slot on the advertisement and contact the listing agent to book your appointment.

Pre-registration is required to meet current government regulations, with only members from the same household permitted to inspect a property at the same time.
_____________

Developer's, investors & homeowners, here is your opportunity to acquire this solid brick veneer home & a rare corner allotment of approx. 639sqm on a treelined street, in a much sought after pocket of Albion, metres from Selwyn Park and Kororoit Creek.

Create a multidwelling development of premium villa units or townhouses (STCA), live in and enjoy the wonderful home or land bank for future capital growth. The home is superbly maintained offering a wide entrance hallway with 2 expansive bedrooms, a formal lounge, massive kitchen/dining area, family bathroom & laundry.

A premium location footsteps to local cafes/ specialty shops, Kororoit Creek trail, Selwyn Park, primary schools, kindergartens, a 10-minute walk to Zoned 1 Albion train station and just minutes away by car to Sunshine shopping district. Lets not forget the soon to be completed Airport Rail Link close by which should only add value to an already prized suburb. A proven area for resale of new dwellings, both double & single storey, take advantage of the rarity of the corner site utilizing street frontages for each future dwelling.

Be sure to be quick and don't look past the brilliant buy!

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Property History for 4 Norwood St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$900,000
30 Sep 2021
Listed for Rent
$260/w
16 Oct 2015
  • 30 Sep 2021
    Sold for $900,000
  • 30 Jun 2021
    Listed for Sale Forthcoming Auction $750,000 - $820,000
  • 16 Oct 2015
    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 2,685 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, 90 properties were sold in the past 12 months in Albion.

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