OFF MARKET

49 Derrimut Street
Albion VIC 3020

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 318m2
Land area: 511m2
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Property Details for 49 Derrimut St, Albion

49 Derrimut St, Albion is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 2024. The property has a land size of 511m2 and floor size of 318m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
2024
Floor Size
318m2
Land Size
511m2
Local Government
Brimbank
Lot/Plan
168/LP10960

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.

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If ever there was an opportunity to secure a brilliantly located home in a great neighbourhood, this would be it. Delivering huge appeal, this property offers exceptional potential for first home buyers entering the property market in this sought-after locale. It also offers a blank canvas for keen renovators to roll up their sleeves and add their own style, whilst families looking to build their forever home or developers keen to start a new project (STCA) will also be impressed with what this classic home has to offer.
Retaining its unique mid-century character, the home's functional interior comprises of 2 bedrooms, a light-filled spacious front lounge, functional kitchen/meals area, central bathroom, separate toilet, internal laundry. Situated on 505m2 (approx) and located within walking distance to Selwyn Park, Albion Primary School, Albion Train Station, convenient bus services and local shops, 49 Derrimut Street is a wonderful opportunity.

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Property History for 49 Derrimut St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$708,000
16 Oct 2021
  • 16 Oct 2021
    Sold for $708,000
  • 27 Sep 2021
    Listed for Sale $600,000 - $650,000
  • 30 Oct 1997
    Sold for $4,312

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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.
There are currently 26 properties listed for sale, and 7 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Albion.

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