SOLD
RECENT ADVICE
Sold on 28 Aug 2024 for $295,000

5/2 Forrest Street
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 1053m2
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Property Details for 5/2 Forrest St, Albion

5/2 Forrest St, Albion is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 1053m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Albion in the last 12 months.

Building Type
Apartment
Floor Size
67m2
Land Size
1053m2
Local Government
Brimbank
Lot/Plan
5/RP68

Last Listing description (August 2024)

Discover the perfect blend of convenience and comfort with this fantastic two-bedroom apartment, ideally suited for first homebuyers, investors, and downsizers alike. Located just 15km from Melbourne's CBD, this property offers low-maintenance living in a highly sought-after area.

The apartment features two generously sized bedrooms with built-in robes, ensuring ample storage. The spacious, light-filled lounge room provides a welcoming atmosphere, while the adjacent kitchen and meals area offer a practical and enjoyable cooking experience. The bathroom includes convenient laundry facilities, and the apartment is complemented by an allocated car space.

Enjoy year-round comfort with split system cooling and heating, keeping you cozy in winter and cool in summer. The private balcony, facing south, overlooks the street and provides a peaceful retreat for relaxation or entertaining guests.

Situated within walking distance to Chaplin Reserve, you'll have easy access to outdoor green spaces. Additionally, Sunshine Shopping Plaza, Cinema Complex, and Sunshine & Albion train stations are just minutes away, ensuring all your shopping, entertainment, and transportation needs are easily met.

This apartment offers an exceptional opportunity for those seeking a low-maintenance lifestyle in a prime location. Don't miss out on this chance to secure a charming home or investment in a convenient and vibrant community.

Property History for 5/2 Forrest St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$295,000
28 Aug 2024
Listed for Rent
$260/w
24 Oct 2020
  • 16 Aug 2024
    Sold for $295,000
  • 22 Jul 2024
    Listed for Sale $290,000 - $315,000
  • 07 Jun 2024
    Listed for Rent $350 / 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 2,684 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 25 properties listed for sale, and 3 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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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.