SOLD
Sold on 01 Jul 2024 for $577,000

5/3 Ridley Street
Albion VIC 3020

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 188m2
Sold By
Biggin & Scott Inner West
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Property Details for 5/3 Ridley St, Albion

5/3 Ridley St, Albion is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 188m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Albion in the last 12 months.

Building Type
Unit
Land Size
188m2
Local Government
Brimbank
Lot/Plan
5/PS426769

Last Listing description (June 2023)

This beautifully styled townhouse offers on the ground floor comprising an entry, a formal lounge opening to a covered casual area, kitchen-dining room opening to a leafy garden around an L-shaped courtyard, powder room and laundry.
Upstairs 3 bedrooms with BIRs, family bathroom, separate toilet and a small balcony.

Includes ducted heating, split system air conditioners and external shutters.
Located in a very convenient location, a pleasant stroll through the McKay Memorial Gardens lands you in the middle of Sunshine shopping. Choice of PT or local bus services, Albion or Sunshine railway station and choice of schools. Market Place shopping centre and cinemas nearby.
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Property History for 5/3 Ridley St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$577,000
01 Jul 2024
Listed for Rent
06 Jun 2023
  • 01 Jul 2024
    Sold for $577,000
  • 01 May 2023
    Listed for Rent - Price not available
  • 15 Mar 2019
    Sold for $440,000
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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 2,686 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.

Suburb Insights for Albion 3020

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Disclaimer
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.