OFF MARKET

48 Forrest Street
Albion VIC 3020

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 184m2
Land area: 661m2
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Property Details for 48 Forrest St, Albion

48 Forrest St, Albion is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 661m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
2020
Floor Size
184m2
Land Size
661m2
Local Government
Brimbank
Lot/Plan
1/TP812536

Last Listing description (June 2016)

THE SOLUTION TO THE SHORTFALL OF LANDED PROPERTIES SUPPLY IN ALBION HAS FINALLY ARRIVED. SITUATED ON A MASSIVE 660SQM LAND IN THE PRIME LOCATION AND BE SUITABLE FOR ANY OF YOUR REAL ESTATE NEED - EITHER RE-DEVELOPMENT (S.T.C.A) OR AS AN OWNER OCCUPIER. PERFECTLY POSITIONED AT THE FRONT OF THE LAND, THIS BEAUTIFUL WEATHERBOARD DWELLING OFFERS 9 GOOD SIZED BEDROOMS, 2 BEDROOMS WITH BIRS, A DINING AREA COMPLEMENTED BY A FULLY UPGRADED CONTEMPORARY KITCHEN WITH GAS COOKING APPLIANCES, STONE BENCHES. EXTRA FEATURES INCLUDE DUCTED HEATING AND DOUBLE CARPORT. A BIG BONUS FOR YOU IS A TOWN PLANNING PERMIT (NEED TO RESUBMITTED) FOR A SECOND DWELLING TO THE REAR, READY TO BUILD WITH, FEATURE SURVEY, TOWN PLANNING DRAWINGS AND COUNCIL ENDORSEMENT, WORKING DRAWING, TOWN PLANNING REPORT, STRUCTURAL ENGINEERING, CIVIL ENGINEERING, SOIL TEST, 5 STAR ENERGY RATING, SITE LEVELS AND STORM WATER DISCHARGE POINT. ONLY WITHIN A SHORT STROLL TO THE CENTRAL SUNSHINE SHOPPING STRIP, A CHOICE OF 2 BUS ROUTES AND 2 TRAIN STATIONS (SUNSHINE AND ALBION TRAIN STATION) (ZONE 1), V/LINE SERVICE ON ARDEER STATION, QUALITY SCHOOLS, SUNSHINE SHOPPING PLAZA, PARKLANDS AND KOROROIT CREEK/ TRAILS, THIS PROPERTY WILL SURELY OFFER STRONG CAPITAL GROWTH FOR YEARS TO COME. SIMPLY CALL LONG (LIAM) DO TODAY ON 0414 559 588 FOR DISCUSSION AND INSPECTION!

Property History for 48 Forrest St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$560,000
24 Jun 2016
  • 27 Jun 2016
    Listed for Sale $550,000-$600,000
  • 24 Jun 2016
    Sold for $560,000
  • 11 Oct 2014
    Sold for $436,000
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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 2,653 properties. Over the last 5 years, Houses in Albion have seen a 10.73% increase in median value, while Units have seen a 6.06% increase. As at 31 August 2024:

  • The median value for Houses in Albion is $708,648 while the median value for Units is $380,845.
  • Houses have a median rent of $470 while Units have a median rent of $350.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Albion.

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