5/25 Ridley StreetAlbion VIC 3020
Property Details for 5/25 Ridley St, Albion
5/25 Ridley St, Albion is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1285m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (March 2023)
The future is bright with this well presented easy to maintain two bedroom apartment, boasting a solid investment, ideal first home for young couples, those looking to downsize and professionals.
Recently updated, the well-designed floor plan provides a spacious lounge upon entry, two generously designed bedrooms accompanied by built in robes serviced by a neat central bathroom with incorporated laundry and independent WC. Well separated from the bedrooms, the home's kitchen and dining area is brightly fitted with caesar bench tops, electric stove top, oven and ample storage.
Additional highlights include split system air-conditioning and blinds throughout, updated electrical board, all of this within walking distance to local cafes/specialty shops, Albion station, Selwyn Park, primary schools, kindergartens and Sunshine business district.
Currently tenanted on a periodic lease at $300 per week.
Property History for 5/25 Ridley St, Albion, VIC 3020
- 08 Mar 2023Sold for $297,000
- 23 Feb 2023Listed for Sale Under offer.
- 17 Jun 2021Listed for Rent $270 / week
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0About 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 2,681 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.
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