OFF MARKET

40 Ridley Street
Albion VIC 3020

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 1172m2
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Property Details for 40 Ridley St, Albion

40 Ridley St, Albion is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1172m2.

Building Type
House
Land Size
1172m2
Local Government
Brimbank
Lot/Plan
2/PS744981

Last Listing description (December 2022)

A wonderful fusion of period elegance and modern excellence, this success with which this landmark home meets today's family needs is evident throughout its superb, flexible spaces. Up to 5 bedrooms offer fabulous accommodation and the option for 2 bedrooms to fulfil roles as a home office and a formal lounge if so desired while 2 bathrooms are each beautifully appointed. Engineered European oak floors beneath high ceilings define exceptional living and dining dimensions complemented by a new kitchen where engineered stone benches, Bosch appliances and an induction cook-top are instant indicators of quality. Pergola entertaining against the backdrop of a north-facing rear garden adds a brilliant outdoor element to this significant property, where heritage integrity has been enhanced and an impressive extension by Tom from this year's edition of 'The Block' - has been added. Ample parking for 3 cars complements a compelling address close to Albion station, Barclay Reserve and Sunshine shopping.

Property History for 40 Ridley St, Albion, VIC 3020

A timeline of how this property has performed in the market
  • 24 Nov 2022
    Listed for Sale $950,000 - $1,020,000
  • 12 Aug 2017
    Listed for Sale Not Disclosed

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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 2,650 properties. Over the last 5 years, Houses in Albion have seen a 11.85% increase in median value, while Units have seen a 12.13% increase. As at 31 July 2024:

  • The median value for Houses in Albion is $713,031 while the median value for Units is $405,737.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 95 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.