SOLD
RECENT ADVICE
Sold on 21 Feb 2024 for $242,000

5/3 Drummartin Street
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 5/3 Drummartin St, Albion

5/3 Drummartin St, Albion is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Apartment sold in Albion in the last 12 months.

Building Type
Apartment

Last Listing description (February 2024)

Absolutely flawless, this first-floor apartment boasts a meticulously renovated interior, a spacious layout, and effortless maintenance, all set in a prime location perfect for first-time homeowners, downsizers, and savvy investors. Revel in the splendor of the extra-large bedroom with a built-in robe, open-plan living area leading to a private balcony, a stunning kitchen adorned with quality appliances, and a breathtaking bathroom featuring floor-to-ceiling tiles. Laundry facilities and designated parking on title round out the allure of this impeccable property.

Owners Corporation Fees $1653 pa

Property History for 5/3 Drummartin St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$242,000
21 Feb 2024
Listed for Rent
$305/w
30 Jan 2023
  • 15 Feb 2024
    Sold for $242,000
  • 05 Feb 2024
    Listed for Sale $220,000 - $242,000
  • 23 Jan 2023
    Listed for Rent $305 / 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 2,685 properties. Over the last 5 years, Houses in Albion have seen a 2.23% increase in median value, while Units have seen a 12.14% increase. As at 30 November 2024:

  • The median value for Houses in Albion is $680,285 while the median value for Units is $405,725.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 18 properties listed for sale, and 15 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Albion.

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